Apple's iTunes sales slide in first half of 2006

Who pays you to make up these bogus reports? "It also raises the question of how much current content comes from ripped CDs. The music industry might not like that" ??? Consumers are sick and tired of supporting the fat cow of the recording industry, while it starves the artists we're trying to support. Most of the 99c that is paid for an iTunes track goes into their fat wallets while almost none goes to Apple or the artist - I imagine the music industry likes that a lot.

And then there is this from Reuters:
"But Piper Jaffray analyst Gene Munster wrote in a research report that the number of songs sold per week on iTunes had risen 78 percent in the first nine months of 2006 compared with the same period in 2005."

The stock is down a fair amount over the past five days. Someone has to be concerned.

Doug McIntyre

It seems pretty clear that this researcher was making huge leaps in his conclusions. Numerous other reports, ones based on actual data rather than a rediculously low sample size completely contridict these claims, as have apple themselves. But what's worse is the stock market is affected because people react witghout thinking, and people who want to use this report for their own agenda will hype it up completely.

I'm sick of Douglas McIntyre and his posts, trying to undermine Apple recent success, everything he writes is misleading or lacks any objectiveness, not to say there is no serious research about this stock.
I wonder why he hates Apple, perhaps is not as happy as I'm investing on Apple. But apart from this, he is denying any understanding of why Apple is a case study among the battered tech industry, something that many business schools, financial analysts, traders, investors, consumers, etc. are just starting to discover.
As for the recent stock decline (is up today again), may be you want to take some lessons, I suggest you a 101 crash course on investing.
BTW, I think that you are on a desperate need to short some APPL shares. I like some of your posts, but if you insist on bashing Apple, I'm not going to take you seriously anymore.

Cramer in his current video says that Apple is coming back and that Forrester Research is terrible and has been responsible for losing all kinds of money for people.

"3. The stock is down a fair amount over the past five days. Someone has to be concerned.

Doug McIntyre"

The reason the stock is down is because this bogus report has been covered by nearly every mainstream media. Looks like now it has been practically debunked including a report from the normally tight-lipped Apple that it was hokum... the share price is back up 2.5 percent as of this time. Looks like Forrester's mates had a great buying opportunity!

Before accepting the conclusions of Forrester you should have read Blackfriar's response. Here is today's follow up which shows the sales charts. http://www.blackfriarsinc.com/blog/2006/12/looking-at-forresters-side-of-itunes.html