Apple Estimated To Sell 5 Million Copies Of Snow Leopard In Q3
Apple Inc. (NASDAQ:AAPL) is expected to sell about 5 million units of Mac OS X Snow Leopard, which will be available for download and purchase this Friday August 28. This figure was estimated by consulting firm Piper Jaffray.
Jaffray estimates that about 40 million people have Mac OS X and 5 million unit sales will add $66 million to Apple’s operating income in the third quarter. Piper Jaffray wrote these figures in a note entitled Snow Leopard’s Impact Baked Into Street Ests; Aggressive Competition Vs Windows.
“This equates to as much as $0.05 in EPS impact in the quarter, assuming a 30% tax rate, but we believe the Street has largely factored this into its $1.37 EPS estimate for the Sept. quarter,” stated the note.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry