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

|About: Apple Inc. (AAPL)|By:, SA News Editor

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)