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Apple may be worth $200 per share

updated 02:50 pm EDT, Mon April 2, 2007

Apple Worth 200 Per Share

Apple's stock should double its current value, financial expert Stephen Coleman said today in a bold prediction. Despite the company's shares topping $90 in recent weeks, Coleman notes that its prospects are a "screaming buy" compared to what they have been in the past, pointing to both the 100 percent surge Mac sales compared to a year ago as well as the 50 percent increase in iPod sales. The Apple TV, iPhone, and Mac OS X Leopard were also bound to drive the firm's worth well past what it has been at the start of the year.

"We dare not guess what these sales will be," Coleman wrote. "But, we believe they will be huge. We see a melt-up [for Apple] coming in 2007, regardless of general market conditions."

The prediction has been made considering what Apple did with digital music, he says. While the iPod in January 2004 accounted for only 3 percent of all of Apple's income, its breakthrough popularity took it to 40 percent today and grew the company as a result. If Apple's new devices this year achieve similar results, the company could be the first to achieve a trillion-dollar market value. The investor suggests that this could become a practical reality within the next five years if Apple continues on its current path.

The device maker has recently garnered attention for being consistently ahead of the curve in its recent sales, growing even its notoriously slow Mac sales at a 30 percent rate well ahead of most other computer builders.



By Electronista Staff
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Comments

  1. testudo

    Forum Regular

    Joined: Aug 2001

    0

    Right....

    $200 a share! Um, I think I'll cancel my subscription to his analytical services...

  1. climacs

    Dedicated MacNNer

    Joined: Sep 2001

    0

    time machine

    wow, I feel like I woke up in 1999.

    In ten years, Apple could own the WHOLE UNIVERSE if present trends continue!

  1. Peter Bonte

    Fresh-Faced Recruit

    Joined: Aug 2001

    0

    2007

    This is just the beginning, Microshit is dead meat. You can laugh all you want but Apple has never been this strong and they are in a fighting mood (when the stock options thing is over). The next osX will conquer PC land via imbedded devices and regular PC's.

  1. misterdna

    Junior Member

    Joined: Aug 2004

    0

    APPL worth over $200!

    As much as I don't believe it, I own shares in Apple so I don't mind these stories...

  1. appleuzr

    Fresh-Faced Recruit

    Joined: Aug 2006

    0

    Testudo, how we love thee

    Testudo shut's down his Windows Vista wannabe mac equivilant, slowly rolls back in his chair and throws his hands behind his head. He sits, trying to come up with an original thought/argument(other than his usual "if it were MS in the spotlight, all you apple fan boys...). Meanwhile, his poorly assembled wannabe computer chair he purchased from a company that it is a subsidiary of Microsoft, gives way. The air compressed cylinder controlling the raise and lower functions bursts through the poorly manufactured seat of the chair and jams right up his @$$. Testudo remains still, trying not to move. The cylinder inching deeper and deeper (you get the picture). All along, Testudo grins with enjoyment, for this very situation is similar in feeling to what Testudo experiences on a daily basis. Moral of the story. He is angry and lonely and can only find pleasure in sticking/inserting things into his @$$. You wouldn't have anything better to do than troll MacNN if this was your life. Have sympathy for the guy. Embrace his awkward obsession. Testudo, we don't know how it feels to insert things in our @$$'s (as you do) but we do feel your pain. Write on Testudo. We are all laughing with you (as far as you know).

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