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 March 2nd

Mon,7:16 PM
TMO Quick Tip: Use Tab to Quick Search Apple.com
3:10 PM
OS X Yosemite 10.10.3 Beta goes Public with Photos App
1:25 PM
TMO Daily Observations 2015-03-02: Samsung’s New iPhone Copy, More Apple Car Evidence
11:01 AM
Morgan Stanley Says AAPL’s Market will Grow to $3.4 Trillion
10:11 AM
Apple Adds Cars to its Business in Switzerland
9:12 AM
Apple Builds Mystery Room for Apple Watch Media Event
Sun,7:18 PM
MGG 542: Stick This In Your Drive & Partition It
Sat,10:30 AM
IiPhoneography 101: Tripods for Your iPhone
Fri,8:54 PM
Apple Death Knell #68: Apple’s Stock Will Collapse Because iPhone Is Too Important
7:32 PM
Last Chance: Pay What You Want for the Learn to Design Bundle
4:30 PM
What to Expect During Apple’s March 9 Media Event
1:09 PM
TMO Daily Observations 2015-02-27: Apple Watch Media Event Smackdown
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!