Piper's Gene Munster thinks investors are being too cautious with their 2013 forecasts for Apple...

|About: Apple Inc. (AAPL)|By:, SA News Editor
Piper's Gene Munster thinks investors are being too cautious with their 2013 forecasts for Apple (AAPL). Munster sees the company generating $164B in revenue and $40.50 in EPS during calendar 2013, on the back of continued iPhone momentum. He also sees Apple closing 2013 with a whopping $140/share in cash, up from $82/share today.