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Topeka's Brian White says the Apple-dependent Taiwanese suppliers in his "Apple Monitor"...
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Monday, December 10, 2012, 5:07 PM ETTopeka's Brian White says the Apple-dependent Taiwanese suppliers in his "Apple Monitor" collectively saw a 15% M/M sales increase in November. That's well above the 4% averaged over the last 7 years, something White attributes to the strength of Apple's (AAPL -0.6%) fall product refresh. The Apple uber-bull reiterates a Buy and $1,111 PT. (previous)
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This news story has 15 comments:
This quarter is going to be an absolute blowout!
Are they just throwing out numbers. And when will we $1111. I assume there will be a bounce, but from how low?
His best Apple quote: "Apple in the low $500's is an early Christmas gift the market is giving the retail investor."
Like someone else stated in this blog thread, even the analysts who are lowering their price targets have $750-800 estimates on the share price. That is still in excess of a 45% gain in the share price from today's closing. These Apple bears need to chill a little.
Even the Jefferies downgrade was with a target price of 800 dollars!
I'm long AAPL but $1,111-c'mon.
strategic marketing communications .........
My comment is a major " DITTO " for the two previous comments
by pagreen and muchdebt !!!!!!!!!!!