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Technology Stocks : DLB Dolby Laboratories
DLB 64.52-1.6%3:59 PM EST

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From: Cooters10/4/2017 3:41:13 PM
   of 324
 
from 9/13/17

Dolby's annual Apple revenue could be up to $35M, says Piper JaffrayApple's (AAPL) iPhone X, iPhone 8, iPhone 8 Plus and Apple TV 4K will incorporate Dolby Vision (DLB), Piper Jaffray analyst Michael Olson tells investors in a research note. While the economics are unclear, assuming a royalty of 10c-15c per iPhone, revenue would fall between $20M-$30M annually for Dolby, Olson tells investors in a research note. Apple TV sales are likely 5M-8M units per year, potentially adding another $5M to revenue, the analyst estimates. He believes the longer term impact could be more material, however, depending on adoption of Vision on other devices. Olson upped his price target on Dolby shares to $52 from $49 and keeps a Neutral rating on the name.

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thefly.com
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