Apple's next OS a Lion in waiting?
The company announces a media event next week that will focus on Macs.
Apple (AAPL) has announced a media event next Wednesday called "Back to the Mac." And speculation is running fast and furious already.The event will likely feature a preview of a new operating system. The invitation shows a photo of a lion, leading many people to assume the new OS will be called Lion. That fits right in with the big-cat names on previous versions.
The news comes as Apple shares surpassed $300 for the first time Wednesday, lifted by iPad expectations -- it's going to Wal-Mart(WMT) even -- excitement over China sales and a possible Verizon(VZ) iPhone. Three analysts have set a $400 price target on the stock, reports International Business Times.
"Bottom line, as big as Apple is today, it seems destined to get much bigger," an Oppenheimer analyst told IBT. Analysts certainly have huge expectations for the company's fiscal fourth quarter, which will be announced Monday. Post continues after video:
The Street expects nothing less than a 91% revenue gain and a 123% profit increase.
For the Wednesday Mac event, most of the guesses center around some new laptop models and, of course, a new operating system. CNet's Crave blog predicts a new MacBook Air, new MacBook Pros and an SD card slot in the 13-inch MacBook.
| Tags: | AppleKim Peterson |
MORE ON MSN MONEY
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.
STOCK SCOUTER
StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.
127 | 269 | 462 | 588 | 658 | 615 | 645 | 431 | 263 | 138 |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
LATEST POSTS
All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
FIDELITY VIEWPOINTS
- How to sell covered calls - Fidelity Investments
- Savvy year-end tax moves to consider now - Fidelity Investments
- Seven ways to prepare for tax changes
- Five reasons an annual review is crucial - Fidelity Investments
- Take a look at mid caps now - Fidelity Investments
- State of the sector: Health care - Fidelity Investments
VIDEO ON MSN MONEY
ABOUT
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.