Tuesday, November 15, 2005
Nano In, Shuffle Out
Somehow, this doesn’t come as any huge surprise.
Analyst Gene Munster of Piper Jaffray maintained an “outperform” rating and a US$68 price target on Apple, reports Forbes. “The percentage of sales reps recommending purchase of an Apple iPod or iPod nano (versus any other high-end portable audio device) increased to 68% in November from 63% in June 2005, when the last survey was taken, while the percentage recommending an iPod shuffle fell to 38% from 52% in the same time period,” notes the story.
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