Analyst: upcoming MacBook Pro will reignite Mac sales

With a MacBook Pro expected in the next couple of months, RBC Capital Markets analyst Amit Daryanani believes a trend of year-over-year Mac revenue declines in three consecutive quarters is set to reverse. 

He predicts the new MacBook Pros to be available in October or November, following the (anticipated) September release of the “iPhone 7.” The analyst thinks the revved laptop will result inreaccelerated growth. Daryanani maintains an Outperform rating and $117 price target on Apple; the current price is $109.19.

The new pro laptops are expected to be thinner, have a touch screen strip for function keys, and will be offered with more powerful and efficient graphics processors for expert users like video gamers. The touch screen strip will, if rumors are true, be a sort of secondary display above the keyboard and replace the standard function key row. Instead of physical keys, a strip-like screen will present functions on an as-needed basis, depending on the current task or application.