toggle

AAPL Stock: 124.75 ( -1.42 )

Printed from http://www.macnn.com

Analyst raises Apple estimates on Tiger, iPod sales

updated 07:40 am EDT, Tue July 5, 2005

First Albany ups AAPL

First Albany has , saying that higher sales from Mac OS X Tiger and increased assumptions for iPod are expected to offset lower sales of the Mac mini. Marketwatch reports that analyst Joel Wagonfeld raised his fiscal third-quarter earnings estimate to 34 cents a share from 29 cents and also increased his revenue forecast to $3.4 billion (up from $3.3 billion). Wagonfeld said that he estimates that Apple sold about 2.8 million Tiger copies during its fiscal third quarter; he also increased his iPod sales forecast to 5 million units from 4.25 million, but cut his Mac mini forecast to 250,000 units sold from 400,000. First Albany reiterated its "buy" rating with a 12-month price target of $44, according to the report.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Comments are closed.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Apple 13-inch MacBook Pro (Early 2015)

Although the new darling of the Apple MacBook line up is the all-new MacBook, Apple has given its popular 13-inch MacBook Pro with Ret ...

Griffin Twenty

A few years ago Griffin launched the original Twenty, a small digital amp that used an AirPort Express to turn any set of passive spea ...

Seagate Wireless

It seems like no matter how much internal storage is included today's mobile devices, we, as users, will always find a way to fill th ...

toggle

Most Commented