JP Morgan analyst sees 26 million Apple Watches sold this year; raises target of Apple stock to $145

* As we get closer to the expected April launch of the Apple Watch, it is beginning to dawn on Wall Street and Main Street alike just how big of a deal the timepiece truly is. JP Morgan analyst Rod Hall whipped out his trusty abacus and calculated that despite the late start to the year, Apple will sell 26.3 million timepieces this year.



Hall's computations are based on the fact that Apple Watch users will need to pair the device with an Apple iPhone 5 or higher. The analyst says that just before the Watch launches in April, there will be 400 million potential Apple Watch customers based on ... *



from PhoneArena http://ift.tt/1CVmbwt

via http://ift.tt/1CVmbwt
Share on Google Plus
    Blogger Comment