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:
Piper Jaffray: NPD iPod Data Shows Apple Tracking Above Estimate

TMO Reports - Piper Jaffray: NPD iPod Data Shows Apple Tracking Above Estimate

by , 12:50 PM EST, February 24th, 2006

Piper Jaffray analyst Gene Munster on Friday issued a new research report in which he said that NPD shipment data for iPods shows Apple potentially selling 9.3 million of them this quarter, versus the 9 million units he has projected. On Tuesday, Mr. Munster issued a report in which he said that only 20% of resellers have seen a slowdown in Mac sales as Apple continues its transition to Intel processors.

That report also showed that most resellers were seeing a slight drop in iPod sales compared to last quarter, as opposed to a significant decline. While Mr. Munster is unable to provide specific NPD shipment data due to contractual issues, he was able to show in his report that extrapolating January NPD sales numbers brings him to the 9.3 million units that Apple is projected to sell this quarter.

Mr. Munster kept his "Outperform" rating on Apple's stock, with a US$103 price target. At 12:49 PM EST on Friday, Apple shares were selling for $72.42, up 0.93% for the day. Shares have been on the rise in recent days, after falling below the $70 mark last week. Positive analyst comments, along with high hopes ahead of Apple's Feb. 28 product roll-out, seem to be fueling the rally.


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 February 13th

Mon,12:40 PM
Three Ways to Protect your Apple Watch (and One Way Not To)
Fri,7:07 PM
Apple’s First Scripted Series will Star Dr. Dre
7:07 PM
Adobe Creative Cloud Bug Deletes Files Without Permission
6:00 PM
AT&T Says it’s 5G Network will be 100x Faster than LTE
5:01 PM
My Classic Hard Disks Are Spinning Right into the Graveyard
4:54 PM
Bumprz 2: Minimalist Protection for iPhone on Kickstarter
4:51 PM
MGG 592: Taming Wi-Fi Chaos
1:45 PM
OK Go’s Parabolic Flight Video for ‘Upside Down & Inside Out’
1:35 PM
TMO Daily Observations 2016-02-12: 5G Wireless Speed Tests, Apple’s Growing Patent Infringement Mess
1:31 PM
Xtra Drive Lightning Flash Drive with 16GB Micro SD Card: $71.99
12:55 PM
How to Fix the ‘You Are Not Signed into Apple Music’ Error
10:38 AM
Immersion Sues Apple, AT&T Over Haptic Feedback Patents
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!