Analysts at Bear Sterns have rejected concerns that Apple's iPod shipments are slowing, defiantly predicting the company's music player sales will exceed Wall Street estimates.
Analyst Andrew Neff is bullish for Apple, predicting the company will sell 10.5 million iPods in the second quarter.
This contrasts with many estimates which see Apple selling nine million or fewer iPods.
Business Week reports that Neff once again confirmed his 'outperform' assessment on Apple's stock. He also believes Apple may eventually offer full support for running Windows on a Mac.
"He has a 2006 price target of $100 on the shares," the report concludes.