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AAPL Stock: 120.71 ( -0.59 )

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Goldman Sachs: Apple \"remains healthy\"

updated 12:25 pm EDT, Fri May 27, 2005

Apple healthy

Goldman Sachs reiterated an "in-line" rating on Apple, saying the company's business . The research firm said Apple's rollout of Mac OS X 10.4 Tiger "should be a meaningful incremental contributor." The combination of Tiger's initial shipment plus Apple's higher installed base could yield $40 million to $50 million of incremental revenue, according to the firm. Goldman said there remain numerous opportunities for both the iPod and Mac sides in the second half of 2005. The firm maintained fiscal 2005 and 2006 earnings-per-share estimates on Apple of $1.34 and $1.50, respectively.




by MacNN Staff

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