Analysts See Buying Opportunity in Apple [View article]
Apple will guide conservatively, as usual. Probably under $1.00 a share and this will temper the reaction to the strong numbers expected for the December quarter. With all due respect to Thomas', $200 seems unlikely anytime soon given overall market conditions and anticipated weakness from the consumer. However, Apple's growth story and innovation remain very much on track and the next six months may represent an outstanding accumulation opportunity for investors willing to hold through 2008 when increased market share and deferred revenue numbers should propel eps to lofty levels. If the economy and overall markets are back on track in 2009 and AAPL's multiple rewards its growth record and prospects, the stock could be trading in the $300s and upward. This company has a great story that remains in tact.
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Apple will guide conservatively, as usual. Probably under $1.00 a share and this will temper the reaction to the strong numbers expected for the December quarter. With all due respect to Thomas', $200 seems unlikely anytime soon given overall market conditions and anticipated weakness from the consumer. However, Apple's growth story and innovation remain very much on track and the next six months may represent an outstanding accumulation opportunity for investors willing to hold through 2008 when increased market share and deferred revenue numbers should propel eps to lofty levels. If the economy and overall markets are back on track in 2009 and AAPL's multiple rewards its growth record and prospects, the stock could be trading in the $300s and upward. This company has a great story that remains in tact.
Jan 17 10:25 am
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