Apple Slips on Possible IPod Delays

[Liddo Annie]

June 28, 2006, 11:13AM
Apple Slips on Possible IPod Delays

© 2006 The Associated Press

NEW YORK — Apple Computer Inc. shares slipped in afternoon trading on Wednesday after an analyst speculated that there will likely be delays in the rollout of two new models of iPods.

American Technology Research analyst Shaw Wu, who has a "Buy" rating on the stock, said that he believes the company's release of its new iPod nano and widescreen video iPod may not happen in the third and fourth quarters, respectively, as he'd previously anticipated.

"For the nanos, we now anticipate the December quarter (release) as more likely as we believe the delay is related to an SOC (system-on-a-chip) change from PortalPlayer Inc.," Wu wrote in a note. "On the widescreen video iPod, we are picking up that battery life continues to be the key gating factor that could delay its release until the first-half of 2007 from the fourth quarter."

PortalPlayer is a San Jose, Calif.-based maker of semiconductors used in portable media devices, such as MP3 players.

Shares of Apple, which have traded between $36.12 and $86.40 over the last year, were down $1.72, or 3 percent, to $55.71 in afternoon trading on the Nasdaq.

credits soompi.com/forums


uh not another ipod. --

[froggyboy604]

I wouldnt buy the new ipod.

[SetoTK]

i wouldn't buy an ipod let alone anything from apple,

[Liddo Annie]

ehhh apple's products aren't that appealing yet i don't know why so many people would go get them.

i remember those apple computers from elementry school...

[babydorkee]

nooo moree ipods please!! haha. i wonder whats worng w/the battery life

[SetoTK]

Poeple are idiots and that why people buy them because 90% of the morons that exist,
Are not technologically minded enough to be able to figure out that apples are useless