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Apple iPod Prices To Decline

Thursday, April 20th, 2006
by Lockergnome

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Bummed out because you feel like the last person on Earth who can’t justify the high cost of an iPod? Maybe this’ll cheer you up! Reuters (via Yahoo! News) reports:

Apple Computer Inc. (Nasdaq:AAPL - news) expects the average selling price of its iPod digital music players to decline in the current quarter from the prior period, the company’s CFO said on Wednesday.

“We expect them to be down a little bit in the June quarter,” Apple’s Chief Financial Officer Peter Oppenheimer said.

He also told Reuters that the gross margins on iPods in the just-completed March quarter were “above 20 percent,” consistent with his past comments about iPod gross margins.

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