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DOOOOOOOOOOOMMMMEEDDDDDDDDD!!!!!!!!!

To R:

Classic!

Nooooo.... please wait a while before you raise your estimate. I'm trying to liquidate more assests to move into APPL before everyone joins the parade.

I just need a little more time before the price skyrockets!

AAPL goes up?
It should go down!
You did not sell?
Apple will die!

We are all mac fans here but it seems that one or two of us do not know much about valuation (including Prudential unfortunately).

To justify a valuation of $55 Apple has to grow so quickly that in 5 years it will be close to the size of Microsoft (sales of $36bn from its current $12bn) ... This seems Krispy Kreme all over again where sales were projected to grow to 120% of the total market.

Apple will continue to grow, gain share and put out amazing products ... Sales may even double to $24bn over time but that still only really gives a valuation of around $40 per share.

Sell Side analysts are fickle and too short-term focussed. I love Apple but would not really like to buy the stock right now ... I bought at $17 and again at $27 (pre-split) ... and sold way below the peak ... but there you go I guess I am conservative.

Caveat Emptor and best of luck

Java,

I must have been one of those that bought your shares below the peak.... thanks for the trade, it was greatly appreciated.... what were you saying about valuation?

bought and sold some 3 times. Holding a bit more. If it gets over $50 I think I'll sell again and buy again when it hovers back to mid $40.

So far I have been lucky. Have done enough that even if I lose few thousands is not big deal. Just have to wait a bit longer.
Apple is not a .com that will vanish suddenly on a midsummer day.

I wish the hot spots for Axel F were over the crazy frog banner, not all over the browser window.

Please use the magic word and STOP doing this MDN.

In related news, Prudential also issued a rating of "overweight" for Real CEO Rob Glasier.