New iPods to arrive late, analyst says

Iria · Jun 28, 2006, 06:32 PM

Source: News.com
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Shares of Apple Computer fell on Wednesday to an eight-month low, after a Wall Street analyst said updated versions of the popular iPod digital music player may be delayed.

The stock fell 2.9 percent to $55.76, after hitting a session low of $55.41. It was among the biggest drags on the S&P 500 index and the Nasdaq market amid heavy trading.

American Technology Research analyst Shaw Wu said that new versions of Apple's slim iPod Nano player would ship in the fourth quarter, rather than the third quarter, as a result of Apple's switch of suppliers.

Jun 28, 2006, 06:32 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	New iPods to arrive late, analyst says Source: News.com ___________ Shares of Apple Computer fell on Wednesday to an eight-month low, after a Wall Street analyst said updated versions of the popular iPod digital music player may be delayed. The stock fell 2.9 percent to $55.76, after hitting a session low of $55.41. It was among the biggest drags on the S&P 500 index and the Nasdaq market amid heavy trading. American Technology Research analyst Shaw Wu said that new versions of Apple's slim iPod Nano player would ship in the fourth quarter, rather than the third quarter, as a result of Apple's switch of suppliers.