iPod Projections
Tuesday November 09, 2004 03:05 PM EST
Written by Mudbug

Both
AppleInsider and
Think Secret are reporting that projected sales of iPods in the current quarter should be nearly 4 million units, pushing Apple past the $3 billion revenue mark. This number is up from the 2.68 million figure Merrill Lynch analyst Steven Milunovich gave in October. In addition, Merrill Lynch raised the target stock price for Apple to $61/share. As of this posting, the stock is at
$54.29/share.
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