Though the press has given the iPhone 5 a somewhat cool reception, analysts have been as...


Though the press has given the iPhone 5 a somewhat cool reception, analysts have been as positive on Apple (AAPL +2%) as ever, and that helped shares make new highs today. Bernstein notes Apple expects the iPhone 5 to be available in 100 countries by December (31 are expected by the end of September), a much quicker rollout than for prior models, and FBN, which is lifting its target to an even $1,000, forecasts 174M iPhones will be sold in FY13.

Comments (2)
  • pirota
    , contributor
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    Apple will sell 174M smartphones only of they buy Samsung, otherwise with they can forget about it
    13 Sep 2012, 05:39 PM Reply Like
  • adelito1
    , contributor
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    Lifting his price to 1000? Whatever he smokes get me some of that!
    Unless Apple comes up with a new shtick (TV or another incredibly very forward looking item, and, remember mighty Steve is no longer with us...) they will continue trading at 10 to 12X earnings. It is the forward expectations that are priced in a tech stock these days.
    27 Jan 2013, 04:46 PM Reply Like
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