Wave Systems Corp. (fka WAVXQ)

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Apple may launch Intel laptops: analyst

http://biz.yahoo.com/rb/051130/apple.html?.v=1

NEW YORK (Reuters) - Apple Computer Inc. (NasdaqNM:AAPL - News) could introduce its first laptop computers based on Intel Corp. (NasdaqNM:INTC - News) chips as early as January, which, together with robust sales of video iPods, should drive earnings higher, Citigroup said on Wednesday............

Citigroup analyst Richard Gardner.......... "We are becoming more convinced that Apple will introduce its first Intel-based PowerBook at Macworld San Francisco," Gardner said in a note to clients. That conference runs from January 9 to 13.

Gardner said these product introductions would be sooner than expected, which should help minimize the risk that Apple would end up with a buildup of its current line of non-Intel laptops as customers anticipate the arrival of the new models.

For 2007, he expects revenue of $24.3 billion and per-share profit of $2.61, up from his previous forecasts of $19.6 billion and $1.93.