iPod sales Q3

[updated] PiperJaffray expects Apple to for iPod sales of 5.5 million units in the fiscal third quarter ending in June. Banc of America said, "The Street is generally aware that Apple will likely not show significant upside" from the previous quarter, in which it sold 5.3 million units. However, the firm said it expects the iPod business will reaccelerate into the seasonally strong September and December quarters. When it comes to Macintosh sales, "we expect iPod to continue to be a foundation for growth in other parts of Apple's business, and we expect that by the end of calendar 2005 more than 35 million iPods will have shipped, providing Apple with a greater scope of awareness for various products." NPD data shows that Apple gained 2% in U.S. retail market share in the month of May, PiperJaffray noted. [update: Forbes first attributed the report to Banc of America, but later changed its article to credit research firm PiperJaffray.]

by MacNN Staff