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Thursday, April 20, 2006

Apple iPod Prices to Decline: CFO

Thu Apr 20, 5:05 AM ET

SAN FRANCISCO (Reuters) - Apple Computer Inc. 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.

Source: Reuters/Yahoo!

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