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Release Date: August 05, 2009
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iTunes New Music Releases

Release Date: September 29, 2009
Genre: Rock
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Discover New Music

  • Gimme Fiction

    • 10 out of 10
    • Spoon
    • Gimme Fiction by Spoon is a terrific album by an Austin band that I was lucky enough to catch on an Austin radio station during a Christmas visit.

  • Trouble

    • 8 out of 10
    • Ray LaMontagne
    • At first, Ray LaMontagne might strike you as just another breathy-voiced knockoff of folk/rock guitarists like John Mayer and Jack Johnson. But he's actually got a better voice than either, he tell

  • Whatever People Say I Am, That's What I'm Not

    • 8 out of 10
    • Arctic Monkeys
    • Get on your dancing shoes
      You sexy little swine


  • The Stooges

    • 8 out of 10
    • The Stooges
    • Another pillar of my musical foundations, The Stooges' first album is one those records whose influence far outweighed its popularity. Like The Velvet Underground & Nico, hordes of people wh

  • Never Let Me Down [ECD]

    • 4 out of 10
    • David Bowie
    • It must be a lonely place to be considered David Bowie's worst album by just about everyone, including the artist himself. As the last album before Bowie "rebooted" and formed the band Tin Machine, "N

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CSFB Reiterates ‘Outperform,’ Expects ‘Solid Results’ From Apple

Credit Suisse First Boston (CSFB) on Wednesday issued a research report obtained by The Mac Observer. The note addresses problems in the flash memory market, where prices declined by 30% over the past month because of surplus inventories among manufacturers. That caused SigmaTel, Apple's supplier for the iPod shuffle's chip, to drop its revenue guidance for the current quarter from US$86-$95 million to $68-$72 million. CSFB, however, still sees "generally solid" sales for the iPod shuffle, despite their analysts' assertion that the MP3 player should have a display as well as broader functionality.

CSFB sees "limited downside" in its estimate of 1.9 million iPod shuffles sold by Apple this quarter, given that the firm thinks the hard drive-based iPod's sales have the "strength to likely offset any weakness in the shuffle." In fact, CSFB thinks its estimate of 3.4 million iPods sold this quarter "may be too conservative, based on our checks of sell-in of key iPod components."

As a result, CSFB has reiterated its "Outperform" rating on Apple's stock and says it "continues to expect solid results when the company reports June earnings on July 13. The firm has a $45 12-month target on the stock. Apple's stock closed the day on Wednesday down 2.52% to $36.37.

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