1. Due to the recent site upgrade, the iPadForums (iPF) App will no longer work. The new iPadForums.net website has been designed from the ground up to work perfectly from any mobile, tablet, or desktop computer using the built in internet browser. Create a shortcut to iPadForums.net on your home screen by following these steps: Create an icon for iPadForums.net

Morgan Stanley Says that Apple Shares Could Top $400 A Share

Discussion in 'Apple iPad News' started by iDan, May 25, 2010.

  1. iDan
    Offline

    iDan Administrator Staff Member

    Joined:
    Jan 17, 2010
    Messages:
    1,339
    Thanks Received:
    76
    Trophy Points:
    48
    Ratings:
    +93 / 2
    [​IMG]

    According to a report in today’s WSJ, Morgan Stanley has made a very bullish prediction for Apple shares, saying that it’s possible the shares will be worth $400 each. Morgan Stanley analyst Katy Huberty raised her official price target on Apple from $275 to $310, saying that investors “under appreciate Apple’s future growth opportunities,†which include the continued success of the iPhone and iPad and the growth in the Chinese market, for example. Huberty also added Apple to the “best idea†list, mainly due to a general belief that Apple could see $20 per share earnings for the 2011 fiscal year, which would make the stock worth $400 per share.

    In Huberty’s best case “bull†scenario, Apple would have to ship 73 million iPhones and 12 million iPads in 2011. Her “base case scenario†is that Apple will ship 61.5 million iPhones, 9 million iPads and 16.3 million units of Mac computers. Either way, it’s all good news for Apple!

    By Maura Sutton, iPadForums.net
    Source: WSJ
  2. Sonny Burnett
    Offline

    Sonny Burnett iPad Junkie

    Joined:
    Mar 7, 2010
    Messages:
    752
    Thanks Received:
    2
    Trophy Points:
    0
    Location:
    Boston, MA
    Ratings:
    +3 / 0
    It will never happen as at some point prior Apple will cir cum to the pressure of the poor fundamentals of the U.S. economy.

Share This Page

Search tags for this page

faq apple stock prediction