"Where will the next $400B in market cap come from," asks Gene Munster to himself as his $1K...


"Where will the next $400B in market cap come from," asks Gene Munster to himself as his $1K price target call on Apple (AAPL) by 2014 implies a $1T valuation. Half will come out of the hides of the firm's "most relevant" competitors as Apple takes market share and the other half from increased investment in tech companies, of which Apple should continue to get a sizable chunk. Shares +1.3% premarket.

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Comments (12)
  • timetosave
    , contributor
    Comments (36) | Send Message
     
    Nothing says 'bubble' like the hype that Apple is getting these days.
    3 Apr 2012, 08:50 AM Reply Like
  • Senticar
    , contributor
    Comments (67) | Send Message
     
    I think you need to go look up the definition of bubble.
    3 Apr 2012, 03:32 PM Reply Like
  • johnybutts
    , contributor
    Comments (67) | Send Message
     
    Revolutionary analsysis here...
    3 Apr 2012, 08:53 AM Reply Like
  • charles18
    , contributor
    Comments (6) | Send Message
     
    Gene Munster is the definition of a slobbering AAPL fanboy..for years he was pitching this halo effect garbage that has never, ever panned out, now, in some Pavlovian impulse, he needs to come up w/ some new cockamamie theory to stay relevant!
    3 Apr 2012, 08:58 AM Reply Like
  • entmd
    , contributor
    Comments (975) | Send Message
     
    @Charles18

     

    Given Apple hitting new highs today and up almost $250 in 2012, Gene Muster appears to know his stuff. Unlike Zabitsky who is famous for calling for a sell and a $270 price target.
    3 Apr 2012, 04:46 PM Reply Like
  • KISS_investor
    , contributor
    Comments (387) | Send Message
     
    Right so what would you guys suggest...LONG 300 shares since $360...every $20 increase i buy 3-6 month slightly out of money calls...only one month in last year has that call lost anything

     

    earnings are going up and up..new global markets and enterprise market create a whole new market for a best in class product..

     

    Can the stock go to $500? of course...but betting on that??
    good luck...

     

    If i had a $1 for every AAPL "bubble will burst " article ...

     

    oh wait.................I do!! Lots of 'em
    3 Apr 2012, 09:04 AM Reply Like
  • vphibbs
    , contributor
    Comments (141) | Send Message
     
    Love your comment. We have lots of dollars from these bashers. Such obvious envy.
    3 Apr 2012, 01:11 PM Reply Like
  • maj1234
    , contributor
    Comments (4) | Send Message
     
    I have my retirement portfolio totally invested into Apple (4k+ shares) since early 2009. Every day I think if I should hold on a bit longer or cash out. It has been a great ride and every dollar increase brings in a bit extra for the golden years. I still believe in the stock and believe it can go higher but how much that perhaps is a $2.5 million question for me.

     

    Its my 30 years investing experience that while analysts provide you valuable insight and analysis but they are also susceptible to influences and unnecessary exuberance's. Consider that everyone thinks that China and Emerging Markets will be the next driver for Apple growth. Yet majority of us believing in the analogy have not visited these markets.
    3 Apr 2012, 09:51 AM Reply Like
  • kmi
    , contributor
    Comments (4582) | Send Message
     
    Google's Android platform is and has been growing faster than Apple's iOS, and latest reports indicate Samsung may be selling more handsets than Apple in the US so far this year, and finally, iPad3 sales appear to be coming in at low end of estimates.

     

    It's not just valuation that has to increase $400b its the sales that will make it reasonable, and unless Apple has new products which will sell as many units as its existing lineup.... what was it, something like every Apple fan has to spend a couple of grand PER YEAR - on Apple products to provide that kinds of growth...

     

    Meh, maybe I'm just bad at math, but the only bullishness I have on AAPL is in its dividend..
    3 Apr 2012, 10:03 AM Reply Like
  • kwm3
    , contributor
    Comments (2454) | Send Message
     
    law of large numbers is starting to apply in terms of earnings growth. there could be a new product push such as apple tv. peter lynch would say it's the death knell when a fast grower declares a dividend--then they become a stalwart. a stock split would push this to the 1T mark as it would draw new money.
    3 Apr 2012, 10:48 AM Reply Like
  • highrisker11
    , contributor
    Comments (12) | Send Message
     
    The 'Law of Large Numbers' is misquoted so often I wish I had a $1 each time it's incorrectly pinned on Apple.
    The Law refers to repeated events, a statistics term. Ex. flip a coin 3 times, whats the odds of determining the number of times a head comes up and the error? (very high) After a 1000+ flips the error moves to near zero and the odds move to a firm number, ie 50%
    That's the Law of Large Numbers. I think many are actually trying to imply market saturation, in other words, almost everyone that can afford to buy Apple stock have.. no more money left to pump the stock... ha! Impossible in a FIAT monetary system. Apples ceiling is unknown since there is no other company it can be compared to.
    25 May 2012, 11:05 AM Reply Like
  • tigersam
    , contributor
    Comments (1707) | Send Message
     
    This stock is cheap at $1000.
    3 Apr 2012, 11:06 AM Reply Like
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