Analyst: Apple to sell 2.68 million iPods in Q1
updated 08:00 am EST, Wed November 3, 2004
2.68 million iPods in Q1
Several media outlets this morning are quoting Merrill Lynch & Co. analyst Steven Milunovich, who claims that Apple may in the December period, almost four times the year-earlier total. "Demand for the music players, which let users download, store and play thousands of songs, made Apple the second-best performing stock in the Standard & Poor's 500 Index this year." The computer company said last month that sales will rise to as much as $2.9 billion in the period that ends Christmas Day, as gift buying fuels a "marked increase" in iPod shipments and customers snap up a new version of the iMac computer released in September.
