Apple Schedules Another Coming-Out iPod Party
September 3, 2008 at 4:57 PM (PT)
APPLE has sent the press invitations to a "special event" on SEPT. 9th, about a year after the company rolled out a new lineup of iPODS for the holiday season. This year's invites feature an image of a man with an iPOD titled "Let's Rock."
The "mystery" behind this has sparked intense speculation in the tech world. What will be unveiled? PIPER JAFFRAY analyst GENE MUNSTER expects APPLE to cut prices on its iPOD TOUCH from $299 to $199, offer a redesigned NANO more capacity for it and the iPOD SHUFFLE.
The WALL STREET investment community has expressed concern that APPLE's gross margins will fall from 35%-30% in 2009, and that iPOD sales "only" increased 7% from a year-ago period.