Tuesday, July 18, 2006, 11:00 am
Analyst sees WWDC as Mac only eventReacting to rumors on Tuesday, an analyst for American Technology Research said it's unlikely that Apple will use its upcoming World Wide Developers Conference to introduce new music-related products.
"Today, there is speculation regarding the announcement of new iPod nanos and an iTunes movie service at Steve Jobs upcoming keynote on August 7, 2006 at Apples WWDC (Worldwide Developers Conference) in San Francisco," analyst Shaw Wu wrote in a note to clients.
"While we would like to see Apple refresh its nano sooner than later, our analysis continues to indicate a late September-October launch and ramp as more likely," the analyst said.
While Wu admitted that "there is a first time for everything," he told clients to "keep in mind WWDC is a Mac event and has not been used in the past for major iPod announcements."
The analyst, who maintains a buy rating on Apple shares with a price target of $75, said he continues to anticipate "a separate event to announce new iPod related products."
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