Apple Computer Could Sell 43 Million iPods In 2006

Deutsche Bank initiated coverage on Apple Computer, and unlike another analyst set a price target of $60, which is above the current stock price. The firm mentions among its factors for believing that Apple will grow marketshare is because of its iPod product line, the stickiness of iTunes and renewed enthusiasm for the Apple brand. It also stated that Apple was the best positioned PC maker to capitalize on the convergence of digital media.