Analyst Sees $52 Billion Global Opportunity for Apple's (AAPL) Rumored TV Set
Well, Morgan Stanley is out with some insight that might shine a favorable light on an upcoming Apple TV set. Taking data from an AlphaWise U.S. consumer survey, Morgan Stanley noted that there's a 13 million unit opportunity domestically. Consumers are said they were willing to pay $1,060 for an Apple TV...a 20 percent premium.
An Apple smart TV could add $13 billion to sales and $4.50 to EPS, Morgan Stanley noted. But, further global adoption could multiply those estimates by four, the firm commented.
That's a likely scenario, with interest level now twice as great to purchase a smart TV from Apple as it is an iPhone or iPad.
Notably, Jefferies issued comments Monday on Apple, expecting an 'iTV' to launch in September or October of 2013.
Apple is indicated for a higher open Tuesday.
