Tuesday, March 21, 2006, 12:00 pm PT (03:00 pm ET)
Analyst predicts new Macs will arrive without media eventGoing against the grain, analysts for UBS Investment Research on Tuesday issued a very brief research note, suggesting new Mac products in the June quarter, but predicting Apple is not likely to hold a special media event to introduce them.
The reliability of the analyst's predictions are currently unknown.
"We continue to believe that Apple will introduce new Intel-based iBooks (important for education) and a larger MacBook Pro in the June quarter," analyst Ben Reitzes wrote. "We forecast Mac units to improve in fiscal third quarter (June) to -1 percent year-over-year from -9 percent year-over-year in fiscal second quarter."
Additionally, the analyst wrote, "We still believe that a new video iPod, download service and new iPods are coming this year by the fall."
Shares of Apple fell over 3 percent (or $2.07) in later afternoon trading to $61.92 as investors reacted to the UBS research note.
On Topic: Investor
- Blockbuster start for iPhone 6 suggests Apple on track to sell 60M phones in December quarter
- iPhone 6 & Apple Watch reveals lived up to the hype for Wall Street, investors have high hopes for Apple Pay
- Samsung's 'rushed,' 'half-baked' announcements set Apple up for easy victory this fall, analyst says
- Apple's 'fab fall' predicted to help drive company's stock price to $123 per share
- Piper Jaffray ups Apple price target to $120 with high hopes for iOS 8 home & health features