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 TMO Headlines - Updated May 28th

Sun, 11:36 AM
Secure Document Syncing, Splitting Audio & More – Mac Geek Gab 659
Sun, 5:30 AM
Get Free Bitcoins from 23 Faucets That Pay
Fri, 6:39 PM
Apple Could Own Device-Centric AI with Custom Chip
Fri, 5:03 PM
Here’s What Kik Users Need to Know About Kin Cryptocurrency
Fri, 4:48 PM
Sid Meier's Railroads for Mac Hits Steam Platform
Fri, 4:19 PM
The Touchbar MacBook Pro is a Disposable Embarrassment
Fri, 3:50 PM
The 5 Best PC Motherboards for Creating a Hackintosh
Fri, 3:42 PM
Leaked Memo Pegs iPhone 8 Launch After September 17
Fri, 2:15 PM
Apple Music Is Turning Apple into a Media Giant
Fri, 1:37 PM
Apple Watch Tops Heart Rate Monitor Study, Adam Curry's Podcaster Pro - TMO Daily Observations 2017-05-26
Fri, 11:21 AM
Adam Curry's Podcaster Pro Aims to be All-in-One Podcasting Solution
Fri, 11:17 AM
iPhone 8 Cases Already for Sale on Alibaba
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!