AAPL Stock: 118.03 ( -0.85 )

Printed from

Leopard could add $92 mil to Apple Q1 profit

updated 05:25 pm EDT, Tue October 30, 2007

Leopard could add $92 mil

Apple's announcement that it has sold two million copies of Leopard in just four days could have dramatic ramifications for the company's bottom line. According to analysis firm Piper Jaffary, if Apple sells a total of 3.5 million copies in its fiscal first quarter, it could add up to $0.07 per share (or $92 million) to the consensus analyst estimate of $1.53 EPS. This assumes that the Street already had $250 million in Leopard revenue factored into estimates. It also assumes a $115 average selling price and a 60% margin on the software.

Lead analyst Gene Munster also estimates that the Mac user base is now about 23 miillion, saying "From a high level, these numbers show that the Mac user base is growing. It also shows that it is an unusually active use base, with 9% of the ~23m users upgrading in just the first four days." Compared to the Windows user base, Munster said, these numbers demonstrate the Mac's strong brand loyalty, and Apple's ability to sell more frequent operating system upgrades to a larger percentage of its user base.

Piper Jaffray has reiterated its outperform rating on shares of Apple Inc..

by MacNN Staff




Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented