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Technology Stocks : Apple Inc.
AAPL 268.42-0.5%Nov 7 9:30 AM EST
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From: Moonray12/16/2013 8:37:34 AM
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Apple's China Plans Could Provide Momentum Through $575, On The Way To $900
By Quoth the Raven

It's no secret that Apple ( AAPL) has been gaining momentum in China. Coinciding with the launch of the
5C/5S, Apple's market share in China has jumped dramatically, and it's looking more and more like the
company is not going to have any trouble monetizing the Chinese markets via its deal with China Mobile.

And although neither company is openly admitting it, there seems to be demonstrable evidence that Apple
has reached a deal with China Mobile - with China Mobile going so far as to show a picture of on iPhone
on its website. Usually, that's a dead giveaway.

A deal with China Mobile ( CHL) would open Apple up to hundreds of millions of potential iPhone buyers;
more importantly, a market that Apple hasn't even begun to infiltrate. Fellow SA Contributor Trefis argues
that this could be a $45 billion opportunity for Apple - and I agree.

Which leads me to how this could catalyze a stock run through $575 that could eventually push
towards $900 by 2015. Trefis notes in their article that this could push Apple to as high as $650,
but I believe that once the $575 mark is broken, the next stop could be as high as $900 in the
coming two years.
More at: seekingalpha.com

o~~~ O

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