Booming iPod market is good news for Wolfson

Wolfson Microelectronics could benefit from the sale of various in-demand electronic goods this Christmas, including iPods and Sony Playstation Portables.

Stockings full of iPods could make this a merry Christmas for Wolfson Microelectronics (WLF), says Steven Frazer in Shares. This Scottish micro-chip maker is a supplier to Apple, and Christmas should see demand for Apple products soar.

But Wolfson is about more than just Apple. If you have a TomTom satellite navigation system, or a Sony PlayStation Portable, you're probably using a Wolfson chip. All three of these products have been "flying off the shelves", says The Scotsman. Which is one reason why the shares rose 9% on the back of its last trading statement.

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Annunziata Rees-Mogg

Annunziata was a deputy editor at MoneyWeek, covering financial markets, politics, economics and comment pieces. She then went on to the Daily Telegraph as a lead writer where she wrote a column on young women’s financial issues. She was briefly a member of the European Parliament for the East Midlands region in the UK as part of the Conservative Party.  Annunziata continues to write  as a freelance journalist.