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Apple Inc. Message Board

  • jimturner54321 jimturner54321 Mar 4, 2013 10:59 AM Flag

    Apple (AAPL) can generate $6B of revenue per year if it launches a watch, and its revenue opportunity could be much greater if the product is very innovative, Bloomberg quoted Citigroup analyst Oliver Chen as saying. Gross margins on watches are about 60%, the analyst added.

    Apple (AAPL) can generate $6B of revenue per year if it launches a watch, and its revenue opportunity could be much greater if the product is very innovative, Bloomberg quoted Citigroup analyst Oliver Chen as saying. Gross margins on watches are about 60%, the analyst added.

 
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