updated 11:45 am EDT, Thu June 2, 2005
Goldman on June quarter
Goldman Sachs today , saying it expects little sequential growth from the company's iPod line, but saw steady unit sales, according to Forbes.com. Goldman said that iPod shipments were tracking in-line with its 5.35 million unit shipment forecast for the June quarter. "Based on a series of checks throughout the supply chain, we expect sequential iPod growth to come in lower than what investors have become accustomed to," the research firm said. Goldman said that Apple's second-quarter upside should be less than it has been--with much of the upside driven by the company's Mac business. [updated headline]
However, the research firm noted that a "solid iPod ramp in the back half of the year from new models" and that consolidation in the MP3 player market would leave only four viable vendors. Goldman also said that earlier-than-expected Mac OS X shipments may also offset some of the weakness in the forecasted estimated iPod slump and could add $40 million to $50 million in incremental revenue with the help of the company's growing Mac user base.