Apple: A Residual Income-Based Valuation [View article]
I've also attempted to compute an absolute estimate of intrinsic value for Apple, with a low and high range of outcomes. My low end was roughly $550 with the high end at roughly $650. You have to believe that the market is baking in some pretty optimistic expectations of Apple at $530, so I'm more hesitant to go with the high end estimate at this point in time. As usual, I would need at least a 30% margin of safety, so if calculated against the $650, I wouldn't buy in until $455 or better.
Apple: A Residual Income-Based Valuation [View article]
Apple: Future Trillion Dollar Company Trading At 46% Discount [View article]