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
- Early upgrade programs at US carriers forecast to help grow sales of Apple's iPhone
- 'Now is the time to invest' in Apple ahead of new product launches, Morgan Stanley says
- SV150: Apple, Inc. earns more than HP, Google, Intel & Cisco combined
- Wells Fargo defends 'market perform' rating on Apple stock, says company is in midst of transition
- JP Morgan sees Apple further eating away at Windows PC market with sub-$1000 iOS notebook