AppleInsider | Citigroup lifts Apple with new product predictions

Citigroup upgrade Apple on the expectation that significant products will be relased on April 1. In agreement with all the rumors, they expect a true video iPod and an Intel MacBook to be announced. Most likely if Apple announces the iPod Video, they will announce the ability to stream movies from iTunes as well.

Future products they expect are: a redesigned iPod nano, with lowered prices and increased capacities and an Apple cell phone.

Contrary to rumor sites, Citigroup seems to expect that the revised iPod Video will replace the current iPod which has only been on the market for 5 months. If the current iPod were on the market for close to a year this would make sense, but Apple would not release a product and replace it within only a few months. The true iPod Video (which will likely be marketed as such) will be sold at a higher price than the current iPod.