Bear Sterns bullish for Apple/iPod sales
Analysts at Bear Sterns have declined concerns that Apple’s ipod device deliveries are slowing down, defiantly predicting the business’s very good music player sales will exceed Wall Street estimations.
Analyst Andrew Neff is bullish for Apple, predicting the organization will sell 10.5 million iPods within the second quarter.
This differences with lots of estimations which see Apple selling nine million or less iPods.
Business Week reviews that Neff once more confirmed his ‘outperform’ assessment on Apple’s stock. Also, he thinks Apple may eventually offer full support for running Home windows on the Mac.
“He’s a 2006 cost target of $100 around the shares,” the report concludes.