Aug 7 2009

Apple Tablet/Netbook to Boost Company’s Annual Sales By $1.2B

Apple may be able to increase its overall sales by $1.2 billion next year if their planned tablet/netbook is successfully released. If the company sells 2 million netbook units at a price of $600 each, it would add roughly 3 percent to revenue, according to Gene Munster, a Piper Jaffray analyst in Minneapolis, MN.

Since Apple’s new tablet/netbook would offer a much larger screen than its current iPhone, consumers may also pick on up for its electronic-book reader capabilities. While the tablet would be about twice the price of a Kindle, it would also have the standard netbook capabilities, such as working with documents, surfing the Internet, and watching movies.

Munster says, “We believe Apple’s tablet would compete well in the netbook category though it would not be a netbook.” The device is expected to be released in early 2010.

Via Bloomberg.

Image via Innosight.

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