GS raises estimates based on Shuffle shipments
updated 10:50 am EST, Thu March 17, 2005
GS raises estimates
Goldman Sachs has for the number of iPod shuffles sold in the March quarter to 1.8 million units, according CBSMarketWatch: "As a result, the broker said it is raising its estimates for the quarter to 24 cents from 22 cents a share and its fiscal year estimates to $1.12 from $1.08 a share. The broker told clients that 'with competition unlikely to come from 'me too' MP3 players, it will probably take something like Sony's (SNE) PlayStation portable to pose a challenge to iPod long term.'"
