> this doesn't feel like a saturated market to us." Doing the math reveals > Apple (AAPL) managed to convert another 3% of Americans into iPod > owners last year.
Think of this number. If just 5% or even 10% of those buyers purchase Macs or iPhones you'll continue to see major upside to this stock and Apple's profits. Not an unrealistic scenario.
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> Apple (AAPL) managed to convert another 3% of Americans into iPod
> owners last year.
Think of this number. If just 5% or even 10% of those buyers purchase Macs or iPhones you'll continue to see major upside to this stock and Apple's profits. Not an unrealistic scenario.