‘Tis the season for the iPod
12.06.07 - 02:21pm
The iPod is ramping up in sales for the holiday season according to a Bloomberg report, in spite of the slowdown in the economy and the tightening of the credit market.
“Demand for tech products remains healthy, with strength in notebooks and iPods somewhat offset by weaker demand for desktops,” wrote Bear Stearns analyst Andrew J. Neff in a note to investors.
Stearns conducted a retail survey over three days and found that stores were having trouble keeping iPods in stock in spite of improved availability over last year.
Along with the demands of the iPod, stores are also seeing a great demand of Macs, and the iPhone. “We see Apple’s story becoming stronger and evolving from a company dependent on one hit product to one with multiple growth engines” said Neff. “Mac product cycle continues to gain momentum following the migration to Intel-based CPUs, along with very competitive pricing, OS refresh, and expanding distribution.”
