Forbes: Apple may sell 37 million iPods in 2005
Forbes put up a market analysis of Apple's stock yesterday based on bullish sale projections for iPods in 2005. The article notes "We expect the iPod to continue to be a foundation for growth in other parts of Apple's business..." and continues on to quote how many Apple products are in Amazon's electronics top 10 and computer top 10. While these predictions may make Apple stockholders happy, they are simply too trite to make much of a difference. Perhaps the most concrete way to convince a die hard New York City stock broker to inflate Apple's worth is to point out the number of people on the Subway with white headphones.
The article goes on to say: "Apple's domination in digital music is a critical piece to the story,
but we do not believe the iPod is the only growth avenue for the company..." If this is the case, Apple will you please develop a cellphone, a real media center, and invest a bit more of your research budget on true open source projects?