Photo: Screenshot, Business Insider
Apple will name its television, “iPanel,” according to Jefferies analyst Peter Misek (via Street Insider).Misek has a new note out this morning, raising his price target on the stock to $800 from $690. He cites the release of an Apple TV this year as one reason for the price hike.
Misek thinks Apple sells the television for $1,250, and gets a 30% gross margin. He forecasts 2 million units sold in holiday quarter.