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Banc of America: iPod price cuts to help market share

Banc of America on Tuesday said it expects Apple to continue to gain market share in the MP3 digital music player market for the next 2-3 quarters as its iPod shuffle player gains momentum. \"We also note that Apple is gaining share because of its use of broad distribution channels, as its Apple Stores lost some share in the December quarter,\" the firm wrote in a note to clients. \"A price cut we expect this week or next should help Apple\'s market share.\" Sources have previously told AppleInsider to expect new iPod minis by Wednesday. Rumors also suggest that Apple will rearrange its other display-based iPod offerings, delivering price reductions and possibly Bluetooth wireless connectivity to its iPod photo models, while discontinuing the 40GB flagship iPod.