TECH - Apple's Latest Marvel Vision Pro Receives Analyst Thumbs Up for Earnings Impact | Benzinga
BofA analyst Wamsi Mohan maintained a Buy rating on Apple Inc (NASDAQ:AAPL) with a price target of $225.
The analyst tested the Vision Pro and reacted positively to the highly unique and immersive experience.
However, he also noted that the typical hurdles most first-generation products face also hold for the Vision Pro (weight and battery life).
The spatial computing paradigm is unique and expects developers to unleash numerous apps to drive increased use cases over time.
Based on his assumptions, the Vision Pro hardware can add 46 cents per share to EPS over the next five years.
Mohan built out the Vision Pro installed base from the Mac installed base, giving similar affordability levels.
Using conservative ...