Second quarter iPod sales tracking above expectations
An extrapolation of January data from market research firm NPD suggests that Apple Inc. is on track to exceed Wall Street's expectations for iPod sales during the company's second fiscal quarter of 2007 ending March.
In a research note released Wednesday afternoon, PiperJaffray analyst Gene Munster told clients that his analysis of the sales data leads him to a preliminary iPod sales estimate between 11 million and 12 million units.
"The 11 million to 12 million unit range is based on various assumptions and is an extrapolation of one month of data," the analyst explained. "When the second month of data is released, our analysis will likely lead to a slightly different iPod unit figure than what our analysis suggests based on the first month of data, so we believe investors should supplement this data point with other information."
Munster's findings place iPod sales above Wall Street consensus estimates of 10.9 million units, as well as his own forecast of 10.3 million units.
Analysts as a whole have been expecting a steep seasonal decline in sales of the iconic digital music players following Apple's blowout holiday quarter.
During the three-month period ending December, the Cupertino-based company sold a whopping 21 million units, the most ever in a single quarter.
In a research note released Wednesday afternoon, PiperJaffray analyst Gene Munster told clients that his analysis of the sales data leads him to a preliminary iPod sales estimate between 11 million and 12 million units.
"The 11 million to 12 million unit range is based on various assumptions and is an extrapolation of one month of data," the analyst explained. "When the second month of data is released, our analysis will likely lead to a slightly different iPod unit figure than what our analysis suggests based on the first month of data, so we believe investors should supplement this data point with other information."
Munster's findings place iPod sales above Wall Street consensus estimates of 10.9 million units, as well as his own forecast of 10.3 million units.
Analysts as a whole have been expecting a steep seasonal decline in sales of the iconic digital music players following Apple's blowout holiday quarter.
During the three-month period ending December, the Cupertino-based company sold a whopping 21 million units, the most ever in a single quarter.
Comments
Good Thats Apple Keep On Surprising them Just Wait Until The Iphone Is Out
Please?
Scooter
http://www.gadgetgrid.com/
Lights... out... for everyone else. Yes, that means you too, Zune.
On the bright side, Creative can still sell iPod accessories.
"someone's findings place iPod sales above someone elses estimates"
Of course they are. I really hate these analysts and people who write "first post" in blogs and messages boards. Neither ever has anything useful to offer.
Lights... out... for everyone else. Yes, that means you too, Zune.
That implies that the lights were at one time on for the Zune.
That's not too bad, there were about 8M iPods sold this quarter last year, 12M would be 50% unit growth, seasonally adjusted. The number I had in mind was 10M. Something to keep in mind is that that's just units, the average sell price may still be going down.
I had also assumed a 25% growth in overall iPod popularity from new and repeat customers.
But then I adjusted (based mainly on my gut) for additional sales due to the G2 Shuffle's form factor, low cost, and ease of use. That brought me to 12.5M units sold.
After the new color Shuffles came out, I added another .7M. So, I estimate thats there will be 13.2M iPod Q2-2007.
PS: I received my Orange Shuffle in the mail yesterday. I purchased it for my tech-tarded father after he nonchalantly mentioned they were cool. Before I give it to him I'm going to preload all his favorite music (like such classics as: The Beach Boys, Neil Diamond, Kris Kristofferson.... yeah, I know!) as he so far gone he'll never hook it up to his computer and probably doesn't even know what iTunes is.
Speaking of the 5.5G iPod, it looks like a dinosaur next to the iPhone. Sales of that particular unit will suck until it gets the big screen that we all know it should have.
My first purchase will be to augment my car, but I stopped being interested in walking around with music playing after I graduated from my University years. That's been over 13 years.
Between the iPod walkers and the cellphone umbilical chorded hordes the world is closing itself off to, well, The World.
PodPacker has traded more CDs for iPods in February than we did in January, even though there are fewer days, thanks to the orange iPod shuffle.
From a business standpoint I wouldn't expect a wide screen iPod until Q4 2007. It would confuse first-time iPod switchers if it was released alongside the iPhone. I can't wait to see what our customers will do for the next-gen iPod.
I've never bought one. I've enjoyed the stock runs largely due to their success, but it's just amazing when a product reaches mature status that no matter the competition it continues to grow.
My first purchase will be to augment my car, but I stopped being interested in walking around with music playing after I graduated from my University years. That's been over 13 years.
Between the iPod walkers and the cellphone umbilical chorded hordes the world is closing itself off to, well, The World.
Your commute clearly doesn't include walking or biking, anywhere.