Analysts: nano Sales Slowing Near-Term, But Look to New Video iPod
TMO Reports - Analysts: nano Sales Slowing Near-Term, But Look to New Video iPod
by , 12:40 PM EST, March 9th, 2006
Wedbush Morgan analysts Craig Berger and James Schneider on Thursday issued a PortalPlayer research report in which they said that NAND flash consumption has slowed, portending a slower rate of iPod nano shipments that will hurt the audio processor maker in the short-term. "Based on other checks," they wrote, "we expect unit shipments will decline by 10-15% QtoQ in Q2, generally worse than investors anticipate."
However, looking ahead to the second half of this year, the analysts saw an investment opportunity "ahead of a likely sharp ramp in demand and orders." They cited "independent confirmation from a reliable industry source" that Apple will likely launch a redesigned video iPod "this spring, possibly as early as its 30th anniversary on April 1."
They see such a device "layered in at the top of Apple's existing iPod product portfolio, likely offering a larger size LCD screen, a bigger battery, and high storage capacity to accommodate full-length video, at a retail price point of US$400-$500. We note that Apple's existing device is called the iPod (not the Video iPod), and think Apple retains this device for customers seeking a music playback device, with the Video iPod targeted at video enthusiasts."
Mr. Berger and Mr. Schneider expect Apple will use PortalPlayer's audio decoding processor in the new device, "given Apple's design schedule constraints, PortalPlayer's software 'stickiness,' likely Video iPod device processing requirements, and the execution risk Apple faces should it change processor suppliers."
However, they are still cutting their 2006 and 2007 EPS estimates for PortalPlayer, in light of "softer iPod demand overall, combined with some existing iPod cannibalization, [that] will more than fully offset the incremental demand created by this new Video iPod."
- Sat, 9:04 PM
- Can't Remotely Control Your HomeKit Devices? Enable iCloud Two-Factor Authentication
- Fri, 9:43 PM
- ScanSnap on Sierra Update: Fujitsu Warns of Data Loss In 'Specific Circumstances'
- Fri, 9:21 PM
- iOS 10: How to Disable (Some) Haptic Feedback on iPhone 7
- Fri, 7:36 PM
- Use the Digital Crown to Control Your Apple Watch Series 2 Screen Brightness
- Fri, 7:03 PM
- Install Secure XFINITY WiFi Profile On Your New iPhone
- Fri, 6:29 PM
- iOS 10: How to Optimize Downloaded Music Storage
- Fri, 6:01 PM
- iOS 10.0.2 Fixes Headphone Audio Controls, More
- Fri, 5:33 PM
- iOS 10: Apps are Gaining 3D Touch Widgets and They're Freakin Sweet
- Fri, 5:33 PM
- Use a Password Manager to Store Your Driver's License and Passport
- Fri, 3:48 PM
- This May be The 4K UHD Apple TV We've Been Waiting For
- Fri, 1:50 PM
- TMO Daily Observations 2016-09-23: Apple, AI, and Buying Tuplejump
- Fri, 11:53 AM
- Apple's Tuplejump Purchase Hints at a Smarter Siri and Echo Competitor