“Even as world markets renewed their high-volatility rout this week, real business went on as usual. And for tens of thousands of companies without exposure to subprime lenders or low-end consumers, business is still very good,” Jon Markman writes for MSN Money.
“A genuine leader in this regard at the moment is Apple (AAPL), which is on track to emerge later this year as the single most influential, life-changing and powerful company in the technology and consumer electronics universe. In a few years, it could even become the most valuable,” Markman writes.
Markman writes, “The latest step in Apple’s amazing transformation from industry doormat to kingpin will come in the next 30 days, as investors and consumers come to recognize a set of powerful catalysts that have the potential to kick Apple’s sales and earnings to levels that will shock skeptics and possibly even surprise optimists.”
“Apple shares, now trading around $90 after doubling from 2004 levels, could very well double again by 2010, putting the company in the very highest tier of global industrial titans. If you have ever kicked yourself for not buying Apple four years ago when you bought your first iPod, you should go for it now during this market weakness,” Markman writes.
Full article, with much more, here.
[Thanks to MacDailyNews Reader “E of E” for the heads up.]
Prudential upgrades Apple Inc., expects Leopard release end of March – March 05, 2007
Lehman Bros upgrades Apple on valuation, likelihood of Mac market share gains – March 01, 2007
Georges Yared: ‘This is the time to accumulate shares of Apple, Inc.’ – February 20, 2007
5 compelling reasons to buy Apple stock – right now – February 15, 2007
Citigroup upgrades Apple Inc. from ‘hold’ to ‘buy’ – February 12, 2007
Needham raises price target on Apple Inc. to $135 from $115 – January 29, 2007
Slew of analysts up price targets on Apple Inc. – January 18, 2007