Apple Inc. (AAPL): What Does This TV Roundtable Think About The Stock?

Well, it sounds cliché, and if you’re reading this, that probably means that you’ve heard it a thousand times, but we’ll say it again: the iWatch. As we pointed out in our analysis of the 14 best iWatch concept designs, Sanford C. Bernstein analyst Toni Sacconaghi considers that if the device retails for $250 and only 5% to 8% of current iPhone users buy one, that would translate into $3.4 billion to $5.7 billion in annual revenues.” That’s a decent amount of dough, but critics may cry that it represents just a 2-3% upside from Wall Street’s FY2013 revenue projections for Apple, just north of $180 billion.

Focusing on the product cycle, as Brown pointed out, the best-case scenario bulls should be hoping for is the launch of an iWatch and an iTV by the end of 2013. Last year, Morgan Stanley estimated that a smart television could make Apple $13 billion per year in the U.S. alone, though no long-range growth estimates were given. Morgan Stanley’s report also hypothesized that a global release of an Apple iTV could increase these projections by fourfold.

So, instead of talking about how much Apple Inc. (NASDAQ:AAPL)’s dividend hike might be, we should be talking about the different scenarios that can empower growth investors to take a second look at this stock. A dual-release of a watch and a TV by the end of this year is obviously what many are hoping for, but it’s worth noting that just one of these devices can boost Apple’s top and bottom lines, which in turn, can pad investors’ wallets accordingly. See how popular Apple still is in Wall Street circles.

How much will it cost ‘ya?