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iTunes New Music Releases

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Discover New Music

  • Modern Lovers

    • 10 out of 10
    • Modern Lovers
    • This timeless masterpiece is little known, but it has inspired almost as many bands as The Modern Lovers' own inspiration -- and only slightly better known -- The Velvet Underground & Nico.

  • Another Day on Earth

    • 10 out of 10
    • Brian Eno
    • In his first proper solo release since 1996's relatively cold "The Drop," Brian Eno has constructed a whimsical and ecclectic masterpiece which is arguably one of the year's strongest records thus fa
  • Is This It

    • 10 out of 10
    • The Strokes
    • The Strokes set the music world on fire with this 2001 album, with headlines declaring that the New York band was here to save Rock and Roll. While the band hasn't made as much of a splash since t

  • Now Here Is Nowhere

    • 10 out of 10
    • Secret Machines
    • The Secret Machines' inaugural album, Now Here is Nowhere is both old and new in its sonic assault. The trio's surprisingly big sound evokes Pink Floyd (without ever sounding like any Pink

  • Bowie at Beeb: Best of BBC Radio 68-72

    • 10 out of 10
    • David Bowie
    • The companion CD to a BBC television concert, BBC Radio Theatre has some of the best renditions of many of Bowie's best songs throughout his career. "I'm Afraid of Americans" is substantial

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News

Piper Jaffray Estimates 2.9M Apple TV Sales in CY2008

Piper Jaffray analyst Gene Munster, in a note to investors on Monday, estimated that Apple sold 1.6M Apple TVs in CY2007 and will sell 2.9M units in CY2008.

In a note to investors, obtained by iPO, Mr. Munster described the prospects of the Apple TV. It’s a device that not only supports the Apple ecosystem, but has the potential to become a meaningful growth driver in its own right, Mr. Munster explained.


"The most obvious example is the AppleTV. Although Apple does not provide unit sales figures for the AppleTV, we estimate that Apple sold about 1.6m AppleTVs in CY07 and will sell about 2.9m units in CY08," Mr. Munster predicted. "Currently, Steve Jobs describes the AppleTV business as a ’hobby,’ but we believe that Apple could make small changes to the device that would drive more material growth."

Recently, an Apple patent filing revealed the possibility that Apple could add a DVR capability to the device. In addition, Apple could also make small changes to the device that could offer live and recorded TV. The key is that, unlike TiVo, such an expanded device would augment the iTunes ecosystem and offer value added not available in other systems.

Mr. Munster predicted that Apple would add these features if Apple TV "Take 2" doesn’t provide a big enough shot in the arm for sales.

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