- Apr 12, 2001
Both AppleInsider and Think Secret are reporting that projected sales of iPods in the current quarter should top 4 million units, pushing Apple past the $3 billion revenue mark. This number is up from the 2.68 million figure Merrill Lynch analyst Steven Milunovich gave in October. In addition, Merrill Lynch raised the target stock price for Apple to $61/share. As of this posting, the stock is at $54.29/share.