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the guy should be fired. Who needs an analyst who tells you what the price currently is ... dummy

10 million too easily scratched-up nanos all recalled or returned....
gulp!!!

Give it up troll, there isn't going to be any recall.

Screw the iPodNano. Ten million units my @$$, that should be the ROKR. Who the hell wants to listen to 1000 songs? What people want is a device that does everything and flush the toilet. What the hell does the nano do? Can you call your friends and loved ones with a nano? Can you pay for over priced cheesy ring tones? HELL NO! ROKR ROCKS! nano sucks. SO THERE!!!!!

What alternate universe is he stuck in?

thnk how many US$3 ringtones the RKR holds...

Oh, and gee, maybe I need a hand reading the stock ticker....

that's my name too.

The point of an analyst is to value a stock based on future outlook.

If the guy seriously thinks the stock was worth $40/share despite a current $54 price, then that's what he's supposed to write. Based on his "new" data, $55 is what the stock is worth.

There are obviously people who think the price should be lower than or where it is today. Those are the people selling apple stock. Remember for every share bought, someone has to sell. That seller usually thinks Apple has reached it's peak - wrong as they may be.

I think read in a different article that Apple has a 50% gross margin on the iPod nano.

So, unless my math fails me, even assuming that all 10 million of the expected sales came from only the $199 2GB version of the nano that would mean that Apple would have $1 billion in gross margins from this product alone in the next four months.

That would be incredible.

Granted, after marketing, distribution and other costs, they probably only net about $400 million out of that $1 billion, but still, I can see why analysts are falling over each other recommending this stock.

<< I think read in a different article that Apple has a 50% gross margin on the iPod nano.

So, unless my math fails me, even assuming that all 10 million of the expected sales came from only the $199 2GB version of the nano that would mean that Apple would have $1 billion in gross margins from this product alone in the next four months. >>

The 50% estimate was for the 2 Gig nano, which uses Toshiba memory. The 4 Gig has an estimated 40% gross margin. Both estimates are net of certain costs that Apple includes in COGS.

Distribution gets a discount of 20%, so the average sale price for all iPods will be about $192.

I'm forecasting 14,000,000 iPods for Q1 FYE 2006.