Analysts: 5G iPod Matching nano Sales
Analysts: 5G iPod Matching nano Sales
by , 9:10 AM EST, December 9th, 2005
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 iPod's popularity has left Apple's 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 Apple's stock.
Apple stock is currently trading in the pre-market at US$74.10, up 0.02 (0.03%) from Thursday's closing at $74.08.
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.
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