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Friday, 02/27/2015 6:42:48 AM

Friday, February 27, 2015 6:42:48 AM

Post# of 147130
Citi sees April 16 launch date for Apple Watch
Citigroup expects Apple's event scheduled for Monday, March 9 to focus on the Apple Watch. It estimates the launch date as April 16, and sees price points starting at $350 and going up to $950. Citi expects the launch to be limited to the U.S., followed by Europe and Asia in the subsequent months. The firm, however, sees continued iPhone 6 sales, along with purchases of higher memory configurations, as more material to earnings. It reiterates a Buy rating on Apple with a $135 price target

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