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Apple will sell 7.1 million iPods this quarter

Time: 20:48 EST/01:48 GMT | News Source: Macworld UK | Posted By: Erick Cordero

American Technology Research analyst Shaw Wu believes Apple will sell 7.1 million iPods in the current quarter. The figure is up 15 per cent, quarter-on-quarter, but he warns that average selling prices in iPods may come under, "greater than expected pressure", he wrote in a note to clients obtained by Macworld UK.

Following recent meetings with Apple, Wu has repeated his "Hold" assessment on the company's stock with a $42 target price. He also notes recent price discounting on Apple's popular iPod mini range.

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