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  Merrill Lynch: Boot Camp Over Hyped
Time: 10:52 EST/15:52 GMT | News Source: Mac Observer | Posted By: Erick Cordero

Merrill Lynch analyst Richard Farmer lowered his estimate for Apple product sales, predicting lower iPod sales and citing overblown expectations surrounding the release of Boot Camp. Despite his somewhat pessimistic short term outlook, he sees a positive future for the company's long term performance.

Mr. Farmer is lowering his prediction of 10.1 million iPods to 8.8 million units sold through March. His estimate for 2006 sales is also lower at 47 million units sold, down from 53 million. iPod gross margins, however, may rise to due weaker Flash memory prices.
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