Apple Could Become the Most Profitable Company Ever

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

By dgstorm on Jun 18, 2012 at 4:30 PM
  1. dgstorm

    dgstorm
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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
     

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

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