| View this article at: http://www.macnn.com/articles/06/09/11/iphone.may.raise.aapl.eps/ |
Monday, Sep 11, 2006 12:35pm
Analyst predicts up to 12m iPhone sales |
Apple's anticipated mobile phone won't likely debut tomorrow, according to Piper Jaffray senior analyst Gene Munster, but the rumored device could sell between 8 and 12 million sales if it debuts at the Macworld Expo in 2007 and could raise the company's earnings-per-share in its calendar year 2007 by 6-10 percent. "While we do not expect Apple to announce a phone tomorrow, we continue to expect Apple will ship the 'iPhone' within the next 4-6 months," Munster wrote in a research note obtained by MacNN. "Assuming Apple ships the iPhone at Macworld 2007, our sensitivity analysis points to between 6-10 percent upside to Street calendar year earnings-per-share." The analyst admits to a lack of concrete evidence that the handset is near completion or launch, but cites several indications -- such as the registration of the domain name iPhone.org and the trademark name "Mobile Me" -- that Apple is planning to introduce the product.
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