The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Analyst: Early CS3, Leopard Release to Boost Mac Sales

Analyst: Early CS3, Leopard Release to Boost Mac Sales

by , 9:20 AM EST, March 5th, 2007

Prudential Equity Group analyst Jesse Tortora is predicting that Apple and Adobe will surprise consumers with earlier expected releases of Mac OS X 10.5 (Leopard) and Adobe Creative Suite 3 at the end of March. He expects the simultaneous release of both products will act as a catalyst to boost Mac sales, according to Forbes.

Mr. Tortora commented "We think this powerful one-two punch makes a great deal of sense, as it will likely unleash a flood of pent-up demand for both companies' products."

Many creative pros have been holding out for Intel-native versions of Adobe's design products before replacing their aging G4 and G5 Macs. Adobe Creative Suite 3 offers the Intel support users have been waiting for, and combined with Intel-based Macs pre-loaded with Leopard, makes a very compelling upgrade option for PowerPC Mac hold-outs.

He also expects the June release of the iPhone, an iPod and smart phone device, will help boost Apple's bottom line as well. Even if the model Steve Jobs announced at Macworld Expo 2007 doesn't see wide success, Mr. Tortora feels Apple still has great potential in the cell phone market.

Mr. Tortora is raising his rating for Apple from "Neutral Weight" to "Overweight," and is bumping up his target price to US$105 from $100. Apple stock is currently trading in the pre-market at $85.96, up 0.55 (0.64%).


If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

Digg!

Recent TMO Headlines - Updated August 12th

Thu, 3:56 PM
Galarian Zigzagoon Community Day is Coming in 'Pokémon GO': Here's What You Need to Know
Thu, 3:10 PM
Explore New Worlds with 'TerraGenesis: Operation Landfall', Now in the Apple App Store
Thu, 2:20 PM
Jon Hamm Gets His Wish and Joins Apple TV+ for Season 3 of 'The Morning Show'
Thu, 12:48 PM
In-App Browsers Used by Companies Like Instagram and Facebook Are Massive Privacy Risk Warns Developer
Wed, 3:35 PM
Popularity of Apple Card Blamed for Goldman Sachs Woes
Wed, 3:18 PM
'We're a Wild and Crazy Documentary!': Apple TV+ to Release Two-Part Documentary on Comedian Steve Martin
Wed, 2:45 PM
Popular YouTuber, Ex-Apple Inventor, Describes How VR Technology Might Prevent Motion Sickness
Wed, 2:33 PM
Apple TV+ Signs On Eva Longoria for New Series 'Land of Women'
Wed, 1:41 PM
Kuo Reports iPhone 14 Pro and Pro Max Likely to See a Hefty Price Increase
Wed, 12:56 PM
Spotify Introduces new Home Feeds, Offers More Access to Music and Podcasts
Wed, 11:05 AM
Foxconn Earnings Beat Expectations Partly Due to Strong Sales of the iPhone 13
Wed, 10:57 AM
Apple Negotiating To Get Streaming Rights for Big Ten Athletic Events
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Daily Observations
  • TMO on Twitter!