Re: Apple stock hits all-time high!
- From: Oxford <colalovesmacs@xxxxxxx>
- Date: Tue, 02 Oct 2007 11:00:38 -0600
Old_CSMAer <OldDog@xxxxxxxxxx> wrote:
Apple Doubling Again in 2007?
http://tinyurl.com/37j56p
Yesterday, AAPL made a new all-time high of $157.41, with a newly raised
target of $175! If someone had invested $10,000 and bought 1,000 shares
of AAPL in 2003, and had held on to it until today, he/she would be
holding about $157,000 from that original investment! That's a 1470%
increase!!
AAPL is only a blink-of-an-eye away from $160. Doubling again in 2007
for these AAPL shares doesn't seem too far a target at all now!
Stock split time?
my sense is Apple is going to go the Google, Berkshire route and never
split again... so while $156ish may sound high, it won't in a year when
it's at $300. APPL is the MSFT of the next decade, so join in the fun.
Seeking Alpha has an interesting chart showing that Apple has doubled
every year since 2003...
http://seekingalpha.com/article/48692-apple-doubling-again-in-2007
And while it can't double every year from here on out, it will surpass
MSFT in the next 2ish years, then stay in the top 10 stocks of value in
the world until steve retires or dies... (he's 52, i think)
the Mac is starting to catch fire, and that is a market 70 TIMES as
large as the iPod, so the word is getting that MSFT is the WANG of
computing, so every child you sell and put into AAPL, you'll get 2-4
kids back :)
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