Analysts: 5G iPod Matching nano Sales

| Apple Stock Watch

A Bear Stearns report shows that the video capable iPod is selling as well as the iPod nano, and in some places is even selling better, according to Reuters. The iPodis popularity has left Appleis music players in tight supply, which is driving up demand for competing MP3 players, according to analyst Andrew Neff.

The Bear Stearns report surveyed 36 randomly selected stores in 20 states to see if sales were meeting expectations, and to monitor inventory and pricing trends from December 5 through December 7.

For the second week of the holiday shopping season, the iPod remained one of the hottest technology categories, along with laptop computers. Mr. Neff sees the strong interest in iPods as healthy for Appleis stock.

Apple stock is currently trading in the pre-market at US$74.10, up 0.02 (0.03%) from Thursdayis closing at $74.08.

<!--#include virtual="/includes/newsite/series/stockwatch.shtml"-->

Sign Up for the Newsletter

Join the TMO Express Daily Newsletter to get the latest Mac headlines in your e-mail every weekday.

No Comments

Log-in to comment