The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Goldman Sachs Ups iPod Numbers Based on Holiday Demand

TMO Reports - Goldman Sachs Ups iPod Numbers Based on Holiday Demand

by , 4:40 PM EST, December 21st, 2005

Goldman Sachs on Wednesday issued a research note in which the firm increased its expectation of iPod shipments this quarter from 10 million to 11.6 million, in light of strong holiday demand and supply chain checks that show better component availability. As a result, the firm has bumped its EPS forecast to US$0.53.

Goldman Sachs also noted that Macs have "received relatively little of Apple's holiday strength" this quarter, but "this should change." The firm expects new iMacs, iBooks and Mac minis in the first quarter of 2006, with refreshes to the professional line happening the following quarter.

With Apple expected to introduce Intel-based Macs as early as next month's Macworld trade show in San Francisco, the investment firm increased its revenue and EPS estimates for FY06 to $18.757 billion and $1.83, respectively.

However, Goldman Sachs does see Apple "moving further from its Mac core in 2006, leveraging its brand and building on the consumer success of iPod." While the firm sees next year as "another major year in Apple's transformation," it also warns that the move into the "digital entertainment hub market," as analyst David Bailey describes it, will bring on new competition and challenges.

At the close of the stock markets on Wednesday, Apple shares stood at $73.50, up 1.93% for the day.


If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

Recent Headlines - Updated October 2nd

Wed,8:40 PM
ACM 274: LOL Windows 10, Privacy Has Value, Protesting and Jailbreaking
5:25 PM
iOS 8: News In Notification Center
4:19 PM
The Name Your Own Price Learn To Code Bundle
4:11 PM
Waterfield Spinn Pouch Case for iPhone 6/6 Plus: Excellence in Leather
3:40 PM
‘Someone’ Targets Hong Kong Protesters Using Jailbroken iPhones with Malware
2:55 PM
iOS 8: Make Cellular Phone Calls from Your iPad Using Handoff
2:01 PM
New Aerial Shot Shows Apple Campus Construction Underway
1:40 PM
iPhone 6 vs iPhone 6 Plus: Dr. Mac’s Final Showdown
1:23 PM
TMO Daily Observations: 2014-10-01
11:02 AM
Report Claims Gold iPad Coming Soon
10:31 AM
Evercore Raises AAPL Target on Strong iPhone 6 Demand
10:03 AM
Apple Tells Developers to Submit their OS X Yosemite-compatible Apps
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!