Apple Could Become the Most Profitable Company Ever

Discussion in 'Apple iPad News' started by dgstorm, Jun 18, 2012.

  1. dgstorm
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    dgstorm Editor in Chief Staff Member

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    It's no secret that Apple recently had the most profitable quarter of all tech companies. A new report came out from a financial analyst suggesting that Apple is on track to best that by becoming the most profitable company in the history of all publicly traded companies. Brian White, a Topeka Capital Markets analyst shared with his clients that he believes Apple is getting ready to record the most profitable year in history among publicly traded companies. White indicated a Buy rating on Apple stock, with a price target of $1,111. White's analysis lists the upcoming new iPhone with a 4-inch display in quarter 3, an “iPad mini†possibly coming in September and the potential for an Apple HDTV, as the primary factors that will drive this monster growth. Here's a quote from his analysis,

    What do you guys think? Are you tempted to rush out and invest some money in Apple stock?

    Source: BGR
  2. Sonia ferdous
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    Sonia ferdous iPF Novice

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    It is really great achievement for them! Since Apple was straight and forceful from the very beginning. But another thing is I am sure that those who bought Apple stock years ago are very happy with this news.
  3. Forhad
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    Forhad iPF Novice

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    Yeah..Apple has shown it that Applecan not only completely turn things around, but can be up on top.

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