16 years ago 2 weeks ago

Analyst Predicts Leopard will generate $200 Million for Apple

by Apple Gazette Team 16 years ago2 weeks ago

On Friday, Bank of America hardware analyst Keith Bachman wrote in a note that Leopard could generate an extra $200 million in revenue for Apple, Inc. That figure is up from Tiger’s estimated revenue generation which was $135 million when the OS was released in 2005.

One of the main reasons he sights for the upswing? More users, of course. He estimates that Apple’s install base will be 22 million by the end of March. Up from 16 million when Tiger was launched.

Bachman continues to rate Apple stock a buy, with a price target of $107.

Posted by Apple Gazette Team

We are a team of writers passionate about entrepreneur lifestyle and innovation. We write about topics which you are sure to find useful. This includes everything from economics and finance topics, product and technology reviews, to in-depth how-to guides and much more.