“BMO Capital’s Keith Bachman this morning updated his estimates for Apple (AAPL) to accommodate the introduction of the forthcoming ‘Lion’ version of the company’s Mac OS X operating system, which he thinks could produce 60 cents of extra earnings for Apple’s September-ending fiscal fourth quarter,” Tiernan Ray reports for Barron’s.
“Lion sales could boost gross margin overall by 1.5 percentage points, which, if true, means that Street consensus of $6.35 could go higher.,” Ray reports.
Read more in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]