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Topeka Capital's Brian White, who made waves by setting a $1,001 PT on Apple (AAPL +9%) 3 weeks...

Topeka Capital's Brian White, who made waves by setting a $1,001 PT on Apple (AAPL +9%) 3 weeks ago, is raising it to $1,111 following the company's FQ2 beat. Apple trades at just 8.1x (ex-cash) White's CY13 EPS estimate, and he sees a new iPhone, Apple TV, iPad Mini, and possible iPhone deal with China Mobile (CHL) sustaining its momentum. (more) (transcript)
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Comments (5)
  • bobbobwhite
    , contributor
    Comments (2000) | Send Message
     
    Let alone Brian White, but what and who is Topeka Capital, as it didn't show up upon Googling it.

     

    I do agree though, as $1k/sh is the next goal for AAPL.
    25 Apr 2012, 01:44 PM Reply Like
  • madness1089
    , contributor
    Comments (216) | Send Message
     
    Brian White is an analyst who makes very interesting stock price targets for Apple.

     

    666
    1001
    and now 1111

     

    :)
    25 Apr 2012, 02:23 PM Reply Like
  • Dugmann
    , contributor
    Comments (14) | Send Message
     
    We have to get to $1,000/share first.
    Then we can focus on $1,200/share.
    I guess $1,111/share will be just another stepping stone. . .
    25 Apr 2012, 07:52 PM Reply Like
  • consultnick
    , contributor
    Comments (273) | Send Message
     
    Hey 5689ROB.....A better question is what kind of JERK are you? SA does not thrive when this kind of inane commentary is issued by a participant....dragging all of us down to your level....a knee-jerk response.

     

    $1111 is not a difficult price target to reach in several years. Just do some elementary chart projection with the last 3 years, and you get there within 2 years. You should be able to operate a ruler and a chart from Stockcharts.com--set to a 3 year duration from April 09 through to this April. Try it before barking again.
    26 Apr 2012, 12:42 AM Reply Like
  • Smliu
    , contributor
    Comment (1) | Send Message
     
    AAPL can maintain its growth for the next 1 year or 2, by iphone5, ipad mini and Apple TV launch, with the nice surprise from the pattern litigations. After that, it may slow down to 30% yoy share increase. Anyway, 1111 is within reach in 1 year or 2, depends on the macro environment.
    5 Jul 2012, 01:52 PM Reply Like
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