toggle

AAPL Stock: 115.31 ( + 6.17 )

Printed from http://www.macnn.com

UBS analyst sees 'Genius Squads,' TVs as Apple opportunities

updated 10:30 am EDT, Mon July 11, 2011

Growth largely at expense of other corporations

"Genius Squads" and Apple-branded TVs could help push Apple's market cap in the near future, says UBS analyst Maynard Um. The basis for the Genius Squad prediction is unclear, but suggests extended tech support services akin to Best Buy's Geek Squad. Apple Geniuses could conceivably be hired to provide custom setup and support, even offsite.

The TV claim is better substantiated. Apple is rumored to be looking into integrating its technology into TV sets from a "major supplier," but with Apple branding. TVs represent one of the few substantial areas in electronics that the company has yet to touch, the Apple TV set-top notwithstanding.

If Apple succeeds with TVs in the same way it has with phones and computers, it could add another $50 to $100 billion in market cap, Um suggests. The analyst argues however that Apple's performance has come largely at the expense of other companies, not because of a better market. "From the beginning of 2007 through mid-2011, Apple's mkt cap increased by $191bn while key handset & PC competitors combined lost $216bn," he writes. "We expect similar value shift toward Apple to continue as it enters new markets. Additionally, enabling services such as iCloud and potentially Genius Squad could drive more hardware 'halo effect' sales."




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

  1. testudo

    Joined: Dec 1969

    -2

    TV?

    Well, if it follows Apple's usual plan, the TV will stop being supported after a few years because Apple is 'moving forward' and doesn't need to be hindered by supporting all those cheap-asses who refuse to buy a new TV every couple of years.

Login Here

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

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Epson PowerLite Home Cinema 3500 projector

Trying to find the perfect projector for a home theater can be tricky, as there are bountiful options on the market from a large numbe ...

Thecus N2310 NAS

For every computer user, there comes a point of critical mass in data storage. When it hits, external hard drives, USB sticks and DVD ...

iRig Pads

When it comes to mobile music products, IK Multimedia has positioned itself as one of the top suppliers. Right from the early days of ...

toggle

Most Commented