Analyst’s checks show shortages of Apple’s iPod as sales remain strong amid tough economy
Wednesday, December 03, 2008 - 04:28 PM ESTLikely leaving BusinessWeek's Arik Hessledahl flummoxed, as is usually the case lately, The Associated Press is reporting that "The tough economy seems to be having little affect on iPod sales."
"Kaufman Bros. analyst Shaw Wu said in a note to investors his checks show Apple's popular music player has joined the iPhone in the sold-out category," AP reports.
"He said wait times at online retailer Amazon.com for the $229 8 gigabyte and $299 16 gigabyte iPod touch models are three to five weeks," AP reports. "Wu said certain retailers, including Best Buy, Target and Wal-Mart, are even seeing spot shortages of the iPod tano, which has $149 and $199 models, and iPod shuffle, which sell for $49 or $69."
AP reports, "He expects Apple to sell 21 million iPods in the quarter, up 90 percent from the previous three months, but down about 5 percent from the year-ago period."
MacDailyNews Take: Add in the iPhones that Apple will sell — which each contain an iPod, even if their product name doesn't — and "iPod sales" will be up YOY. That might seem like a very basic concept. Nevertheless, it's one that certain Ivy League-educated writers and many Wall Street "analysts" can't seem to grasp - or, more likely, prefer to ignore, as it doesn't suit their purposes at the time.
Full article here.
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