Apple income may be at risk but its share still costs $540


If iPhone’s success falls down, Apple will be at risk of losing its profits because iPhone sales have an extra effect on Apple income. One analyst thinks that iPhone sales make 49.2% of the whole Apple stock value. Other Wall Street experts also consider the iPod was replaced by the iPad. Now iPad is believed to be the tech giant’s halo product which lifts sales of other Apple devices. Even in this case there is one analyst who believes that Apple share will cost $540.

Currently the iPad product makes 12.2% for Apple price on the stock market according to Charlie Wolf from Needham & Co. Recently he said to investors that the target price of Apple share should be lifted up to $540 from $450. This conclusion was made on the “assumption that the device should capture a materially larger share of the tablet market than we previously forecast.”

iPad has also substituted the iPod in its role of the Apple’s ‘halo’ device for selling Macs. Originally the Cupertino-based company had used the iPod to attract more consumers who don’t have Mac. But now Mac sales make 11.5% of Apple stock value. It is also worth saying that iTunes comprise 5.1% of the whole Apple’s stock price thankfully to the growing App Store industry.

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Written by SimplyMax

Monday, August 8, 2011. 12:46

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