Apple The Next Digital Entertainment Leader?
Apple has definately turned the corner with a phenomenal year where their ipod has achieved critical mass. What does this mean? Ipod users will now want to extend their music collections into the living room. This is a great opportunity for Apple to offer more digital entertainment products such as Apple branded LCD TV's, digital audio receivers, and a media center PowerPC G5 Mac. To get a better perspective of Apple's halo effect, they have sold over 7.3 million ipods and 200 million songs from iTunes. This quarter, analysts estimate Apple will sell roughly 4 million ipods and this is a conservative estimate at most. I expect an upside surprise of close to 5 million ipods. With such critical mass and staying power, Apple's opportunity to grow exponentially has gotten a lot sweeter!