updated 11:10 am EST, Mon November 7, 2005
Mactel Mini at Macworld?
A new report by UBS Research suggest that Apple could release an as soon as January 2006 at the upcoming Macworld Expo and that more video content and digital entertainment offerings for the fifth-generation iPod will be available at the conference. UBS analyst Benjamin A. Reitzes raised his "price target" to $74 (from $65) and earnings estimates, citing strong sales of video iPods and the iMac G5; the analyst also said that sales of new iPods are "picking up steam" into calendar year-end, with video iPod sales already stronger than expected. Forbes.com notes that Reitzes raised his first-quarter 2006 earnings per share estimate to 53 cents (from 50 cents) and raised fiscal 2006 and 2007 EPS estimates to $1.85 and $2.18, respectively, from $1.78 and $2.08.