“Apple could generate another $18 in earnings per share and $68 billion from sales, up 55% from this year’s base, in emerging markets by 2015, a team of analysts at Credit Suisse wrote in a report released Tuesday,” Brian Caulfield reports for Forbes.
“A team of six Credit Suisse analysts argue Apple will find [new customers] in what they call the ’emerging middle classes,'” Caulfield reports. “Middle class Americans already spend $321 per year on Apple products, a figure that will rise to $481 per year by 2015.”
Caulfield reports, “By 2015 there will be 244 million consumers with comparable income profiles in emerging markets such as China, India, Brazil, Mexico, and Russia.”
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