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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: MGV who wrote (170667)6/9/2014 3:30:52 PM
From: Moonray3 Recommendations

Recommended By
16yearcycle
MGV
Zen Dollar Round

  Read Replies (1) | Respond to of 213174
 
UBS' Apple Analyst Milunovich Raises EPS Estimates

UBS’s Apple analyst Steve Milunovich raised his split-adjusted fiscal 2015 EPS estimate by 5% to $7.22
and his fiscal 2016 estimate by 3% to $8.15. The three factors that went into the adjustment, besides the
split, were increasing the contribution from the iPhone 6, adding the iWatch and decreasing iPad shipments.



More at: forbes.com

Always better when an analyst raises his/her earning's estimate than when a point target is raised.
That $7.22 corresponds to $50.54 on a pre-split basis and $8.15 to $57.07. Were AAPL to trade at 15
times earning, its price would be $108.30 by September 2015 and $122.25 by September 2016.


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