bryanyc

By How Much Will Apple 'Blow Away' Its 10M iPhone Target?

Personally I don't think there is going to be a jump and then dump in the stock. AAPL the stock is performing a little on the weak side the last week- which means that it has bumped up against what was considered to be its top value recently at around 190. So, I wouldn't play the sell just before the sell the news. That wasn't the way it happened with the last earnings report either. A good report: in the first minute the stock was up 10 points, then it dropped down some 18 points then wound up at about the same price in the after hours trading. The next few days it persistently rose higher. I think the big drop offs are done for awhile. What we are going to see IMHO is a slow, almost agonizingly slow, and gradual climb into the mid 190's- up a few, down a few, etc. with perhaps a few points of gain a week. By the end of the year we should make and hold 200 - 210. However, 2009 will be one of the most incredible years ever for Apple and AAPL though: 300 is in the cards.