“Apple Inc. is special. Apple has a culture of innovation. Apple gets it right the first time. Apple delivers simplicity and elegance in its designs. Apple is old enough and big enough to compete with any other company in the world. The sum of all of this is great implementation of a consistent vision: enrich the customer experience,” Stephen Coleman writes for SeekingAlpha.
“The Apple Stores, the iPods, the MacTel computers, the iTunes Music Store, the OS X operating system, Apple TV and the iPhone all deliver the great user experience those of us in the Apple world covet and demand. We know that excellence is on the way. We buy without pause. That is why Apple Inc. is going to deliver outstanding results this year and why the stock will hit $200 per share,” Coleman writes.
More in the full article here.
MacDailyNews Note: Stephen M. Coleman is the Founder and majority shareholder of Daedalus Capital, L.L.C., where he has served as the Chief Investment Officer since 1994. He was formerly employed for four years by Prudential Securities as a Portfolio Manager. Mr. Coleman formed and is President of Chicken Little Fund Group, Inc., a mutual fund management company for Chicken Little Growth Fund (“CHKNX”), and also serves as General Partner of ALPHA Strategy Fund, L.P., a development stage aggressive growth equity fund. His prior financial experience includes working at Salomon Brothers, Drexel Burnham Lambert, and acting as President of a real estate syndicator in Miami, FL.