Support Our Site
Get Better Gear!
- Notability For iPad: Much More Than A Note Taking App from Ginger Labs, Inc, US$0.99
- Scosche’s RH656m Headphones With Microphone Are Wonderful from Scosche, US$129.99
- IPEVO’s Typi Folio Case & Keyboard for iPad is First-rate from IPEVO, US$79.99
- Scosche’s boomSTREAM BT Speaker: Features & Compromises from Scosche, US$99.95
- FX Photo Studio HD: iPad Painting of Effects Made Easy from MacPhun LLC, US1.99
Top 5 Free Apps
iTunes New Music Releases
Top 5 Paid Apps
Discover New Music
- Goldfrapp
On their latest CD, Supernature, Goldfrapp has put together a successful mix of 1980-era New Romanticism, German cabaret, and T. Rex glam that leaves you riveted even through the album's lulls. It's a great amalgam that sounds current without sounding at all dated.
- Beck
Beck is the modern master of the groove, and Guero is merely the latest example of this. From the opening power chords of "E-Pro," to the Pac-Man cuteness of "Girl," to the dirge-like lullab
- Belle & Sebastian
The Life Pursuit is a sort of Reeses Peanut Butter Cup. You get Belle & Sebastian's peanut butter (its wistful, often irresistible pop) dipped in a 'Have A Nice Day!' and glam 70s chocol
- Wolfmother
Black Sabbath, The White Stripes, The Stooges. There aren't many bands worth their salt that want to be compared to other bands, but when I listen to Wolfmother's self-titled American debut, I can
Buffy the Vampire Slayer - Once More, with Feeling
- Various Artists
Most musical episodes of TV shows frankly stink. They are usually little more than ill-conceived vehicles intended to let the stars show off what musical talent they have. Once More, With Feeling,
Reader Specials
Visit Deals On The Web for the best deals on all consumer electronics, iPods, and more!
News
Piper Jaffray Sees iTunes Accounting for 5% of Apple’s Revenue in CY06
Wednesday, August 10th, 2005 at 3:00 PM - by Brad Cook
Piper Jaffray analysts Gene Munster and Michael Olson have issued a new research report on Apple in light of the successful launch of the iTunes Music Store in Japan. They are currently modeling iTunes income that accounts for 5% of Apple's total revenue during calendar year 2006 (CY06), with the potential for 1.35 billion songs sold during that 12-month period. They also see Apple selling over 32 million iPods during CY06, bringing the company to an install base of almost 70 million MP3 players by the end of that year.
The analysts arrived at their numbers by looking at the number of iTunes downloads during the previous quarter, along with the total iPods sold, and estimating an average of 6.1 songs sold per iPod in the install base. However, their own current estimate is 877 million songs sold by the end of CY06, based on a more modest increase each quarter. "We do not expect a massive impact on earnings from iTunes upside in CY06," they write, "but continued growth could provide measurable leverage as volumes become more significant."
Piper Jaffray maintains its "Outperform" rating on Apple's stock, with a US$52 12-month price target. At the close of trading on Thursday, Apple's stock was $43.97, up 1.36% for the day.
<!--#include virtual="/includes/newsite/series/stockwatch.shtml"-->
Recent Headlines
- Reading, Writing, & Saving the World
- Free Retro Gaming for iOS - Activision’s Kaboom!
- Apple Adds Chomp Bits to iOS 6 App Store Discovery
- Notability For iPad: Much More Than A Note Taking App
- Scosche’s RH656m Headphones With Microphone Are Wonderful
- Tim Cook & Larry Page Reportedly Discuss Patents
- Analysis: Amazon Kindle Fire Sold Out, Kindle Fire 2 Pic Leaked
Post Your Comments