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


To: MGV who wrote (171924)7/21/2014 12:10:41 PM
From: Moonray  Respond to of 213182
 
Given his track record, a 135 p/t sounds more like an attempt to raise expectations unduly.

Well, I don't know about that, but he IS up there, alright. He now has the HIGHEST Point Target for AAPL,
it was at $115 finance.yahoo.com His $135 corresponds to a pre-split price of $945 which sounds wildly high,
but if the iPhone(s) 6, iWatch and other products come through over the next year who's to say they won't earn
$8.60. Given a PER of 15, that would mean a price of $929, which would put him in the ball park.

o~~~ O