UBS Sees Apple Inc. Shipping 24M Watches In FY15, 40M In FY16


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


UBS's Steven Milunovich Tuesday offered up some unit forecasts for

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Apple Inc.'s (NASDAQ: AAPL) new Watch and also for the iPhone. Milunovich set his initial FY15 shipment target for the Watch at 24 million units; his FY16 estimate is a jaw-dropping nearly 67 percent higher at 40 million units. The UBS analyst's sales figures for the Watch account for about one third of his FY15 sales estimate for Apple as a whole.Also in the note, Milunovich said total iPhone shipments could hit the 100 million unit level during the second half of 2014. The analyst maintains a Buy rating and $115 price target on shares of Apple.With Apple Inc. shares trading down nearly 0.7 percent to $100.96 at last check, Milunovich's maintained price target implies potential upside of about 14 percent.
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