updated 04:40 pm EDT, Mon March 17, 2008
Piper Jaffray on Apple Qtr
In a recent report, analyst firm Piper Jaffray predicts that Apple will sell between 9.7 million to 10.5 million iPods for the March quarter, based on the current street concensus of 10.8 million units. Senior analyst Gene Munster says the outlook is a slight boost from its estimates at the one-month mark, but still represents a 4-percent year-over-year decline, based on the midpoint. Munster says that the increase is most likely due to a price drop in the iPod Shuffle in February.
Munster believes that the price drop will continue to drive sales through March, but units sold are not expected to reach his earlier estimate of 11.3 million units.