The tough economy seems to be having little affect on iPod sales, according to one analyst Wednesday.
Kaufman Bros. analyst Shaw Wu said in a note to investors his checks show Apple
He said wait times at online retailer Amazon.com
Wu said certain retailers, including Best Buy
"Frankly, we find these sell-outs on iPods surprising given how difficult the macroeconomic environment is, putting a crimp on consumer spending," Wu said in the note.
He expects Apple to sell 21 million iPods in the quarter, up 90 percent from the previous three months, but down about 5 percent from the year-ago period.
Apple's shares rose $2.42, or 2.6 percent, to $94.89. The stock has traded between $79.14 and $200.26 over the past year.
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