Apple Shares to reach $205?
Piper Jaffray recently up’d its target price of Apple shares to $205. Analyst rep. Gene Munster reported “In 12 months, shares of Apple will be trading on calendar year 2009 (CY09) numbers and therefore we are using CY09 numbers to set our 12 month price target.”
Piper Jaffray has revised this target price based on the predicted ability of Apple to sell 45 milion iPhone units in 2009.
”One thing we learned with the iPod is that when a device is game-changing, the demand will come,” the analyst wrote.
Source Appleinsider.com
This week, AAPL closed out at $143.75, which is up about $6 for the week.
Posted in Apple
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Peety July 21st, 2007 at 7:34 pm
MMMM I am not on the blogs I read list????????
Ok- now I am double hurt…
And may I kidnap your beautiful son? He is adorable.. And your wife is beautiful.. (you are a lucky man)
Now send me your money please..Ha-Ha (just kidding)