Apple Tankwatch Message Board

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Technology Stocks : Apple Tankwatch

AAPL 273.67

+0.5%

Dec 19 3:59 PM EST

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To: rnsmth who wrote (23084)	10/27/2012 10:29:20 PM
From: zax	Read Replies (1) of 32692

Message 28119613 (XOfruitCake) << think Iphone 5 will get us over $700. What I am not sure is whether that $700 is substainable for all of 13. i.e.>>' (rnsmth) Apple will have earnings per share of over $75 in Fiscal 2013. At a 12 P/E, that will put Apple at $900 a share sometime in October/November of 2013 Message 28119665 (rnsmth) And, just so folks don't think I am blowing smoke with no skin in the game, our IRAs (me and the iWife), are a bit over 60% Jan 2014 $600 LEAPS. That position is up very nicely since we built most of it in February and early March. " Sounds to me like perhaps you should have listened to XOfruitCake.

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