Prudential raises Apple Computer target price to $87

Analyst Jesse Tortora of Prudential Financial has reiterated his rating of “neutral weight” on Apple Computer Inc (AAPL) shares.

Tortora raised his target price on Apple shares to $87 from $74.

Apple shares are currently trading at $88.32.

Related articles:
Am Tech/JSA Research reiterates ‘Buy’ on Apple Computer, raises price target to $99 – December 04, 2006
Needham ups Apple target to $115, forecasts Macs capturing 8.3% worldwide market share by 2016 – November 30, 2006
Jim Cramer: Apple Computer is the ‘buy of the century’ – November 29, 2006
Bear Stearns raises Apple price target to $100 – November 29, 2006
S&P reiterates ‘Buy’ on Apple Computer, raises price target to $110 – November 29, 2006
Apple shares rise to record as Mac, iPod sales surge – November 28, 2006
UBS ups Apple Computer target price to $108 – November 28, 2006
ThinkEquity reiterates ‘buy’ rating, raises Apple price target to $110 – November 27, 2006
Analyst sees strong sales of Apple iPods over three-day kick-off to holiday shopping season – November 26, 2006
Apple Computer shares hit new all-time high for fourth straight day – November 24, 2006
Banc of America raises Apple Computer price target, reiterates ‘buy’ rating – November 24, 2006
Apple shares continue upward surge; hit new all-time highs in morning trading – November 24, 2006
Apple Computer shares crack $90, hit new all-time high for third straight day – November 22, 2006
Apple shares hit another new all-time high – November 21, 2006
Expert: ‘Apple will be a triple-digit stock in a matter of months’ – November 21, 2006
Apple shares hit new all-time high – November 20, 2006

Apple’s Mac market share surges, up 35-percent year-over-year as growth accelerates – November 01, 2006
Analyst: Apple has ‘real shot at dramatically expanding Macintosh market share’ – October 31, 2006
Analyst: Apple Mac gains market share, the reason why is significant – October 26, 2006
IDC: Apple Mac attained 5.8% of U.S. market share in Q3 06 – October 18, 2006
Gartner: Apple Mac grabbed 6.1% of U.S. market share in Q3 06 – October 18, 2006
Apple Q4 earnings results: $546M net profit on $4.84B revenue, sold 1.61M Macs, 8.729M iPods – October 18, 2006
Gartner: Apple Mac grabbed 4.6% U.S. market share in Q2 06 – July 19, 2006
IDC: Apple Mac attained 4.8% U.S. market share in Q2 06 – July 19, 2006


  1. Anti-FUD et all:

    Actually the article is written by Paul Krugman… but since you just spew words without thinking then let me shed some light into your dark little room…

    Paul Robin Krugman is an economist at Princeton University who has written several books and has written for The New York Times & Fortune. He is currently a professor of Economics and International Affairs at Princeton University.

    Kate: not so actually

    “”Wages have failed to keep up with rising prices. Even in 2005, a year in which the economy grew quite fast, the income of most non-elderly families lagged behind inflation. The number of Americans in poverty has risen even in the face of an official economic recovery, as has the number of Americans without health insurance. Most Americans are little, if any, better off than they were last year and definitely worse off than they were in 2000.

    But how is this possible? The economic pie is getting bigger — how can it be true that most Americans are getting smaller slices? The answer, of course, is that a few people are getting much, much bigger slices. Although wages have stagnated since Bush took office, corporate profits have doubled. The gap between the nation’s CEOs and average workers is now ten times greater than it was a generation ago.”

  2. The issue isn’t his credentials. I don’t even doubt his assertions. These words have been uttered since societies arose. What would you do to those who have more? Your intentions are likely in the right place, despite your sophomoric expletive in a COMPUTER forum. Be careful when government gets too strong. Eventually, someone will decide you shouldn’t have what you have, too.

    I speak from experience. The majority of my family was murdered in the Soviet Union because someone there decided they shouldn’t have as much as they did. People are people, so if you think that you and all the others with good intentions wouldn’t go that far, you’re misguided.

    Good fortune to you and those you’re trying to help. But it’s no help to play Robin Hood if the people getting the loot are still educationally or otherwise locked out of the system that’s feeding them. Redistributing wealth does nothing more than breed dependence.

  3. I reiterate– who cares how much someone else makes? If you want to help someone, griping doesn’t do anything. Help them on the community level and teach them how to access the largess that’s already here.

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