Whether or not the rumors of Apples’ new iPod being delayed until the fourth quarter are true, their stock price has already taken a hit because of it. An Apple financial analyst has said that they would not debut new players until the fourth quarter at the earliest. Since the Nano was released last October, that would mean that there would be no new versions of iPods for one full year. Their sales seem to be slowing a bit based on the lack of new players.
While their stock is at it’s lowest point in 8 months, the whole market is down in general, so I do not put too much into that. If they come out with new players, and introduce some new models each quarter as seems to be the current plan, they could end up with a windfall. If that happens, a surge of the stock price would follow. Apple has been down and out so many times, I vertainly do not consider this glitch to be a major problem.
Posted by Jeff