BladRnr

How Apple's Market Share Will Propel Stock to $500, Part 1

I agree, but it's happening none the less. Apple's latest quarterly earnings defied logic. Defied logic! Three million Macs in a severe recession. Maybe, just maybe, people would rather spend more on something that works, doesn't have viruses, is design-oriented and is seen as a complement to their iPhone or iPod. I can't explain it any other way. In this recession Apple should be doing poorly. All the pundits thought so last spring. But Apple just had their best quarter ever. I don't think it will take much to get them to 10% market share here in the States. It's not out of the question.


On Oct 23 11:07 AM mrxg4 wrote:

> This is getting ridiculous. As much of an Apple fan I am, I cannot
> envision Apple expanding their market share enough to justify a $500
> price tag on the stock and a market valuation of over half a trillion
> dollars (let's assume for a second that we mean $500 in today's dollars)
>
>
> Don't you think that an extremely large increase in their user base
> wouldn't require a drop in prices? I really like Apple Macs and despite
> the fact that I view the premium paid as totally worth it, some people
> cannot and never will get beyond the higher price tag.