Apple Inc. [AAPL] “shares have been a home run for investors in this difficult and challenging year. Apple is fast becoming the business school case study right before our very eyes as this company is executing flawlessly,” Georges Yared writes for Blogging Stocks.
“Currently Apple is at $171 and this may be your last chance to buy it below $175,” Yared writes.
“I estimate Apple will earn $5.10 per share in fiscal 2008 and $6.25 for fiscal year 2009. I also believe these numbers will be revised upwards several times before we see the end of fiscal year 2009. My price target on Apple is $225 … and yes, this will likely go up as well,” Yared writes.
Full article here.
[Thanks to MacDailyNews Reader “Linux Guy And Mac Prodigal Son” for the heads up.]
MacDailyNews Note: On September 19, 2007 (with Apple shares closing that day at $140.77), Georges Yared wrote, “This may be your last chance to buy [AAPL] here under $150.” On September 25, 2007, four trading days later, Apple shares closed at $153.18. Apple shares have not been below $150 since.
I have 200 shares of this stock. I also have 12 option contracts for January 200 calls.
Steve Jobs is going to make me rich!
Not to point the obvious, but Apple’s stock has been trending a bit lower recently.
Sure there is a uptick now due to holiday buying, but what happens after the holiday buying season is over and the US recession takes effect?
I know a lot of folks who are not doing so well this holiday season. Their jobs are shaky and their mortgages high.
Some have foreclosed on their second homes in Florida and Arizona.
to quote the wisdom of someone wise, “It’s the end of the world as we know it.” Pretty soon, people will not be able to buy nor sell anything without first receiving the mark of the beast either on their forearm or forehead.
@JohnValJohn.
WTF are you talking about??
Recession? Consumers spent over $20 billion dollars over the weekend.
Apple is headed north. Europe and now China……
to quote the wisdom of someone wise, “It’s the end of the world as we know it.”
“And I feel fine”, to complete the song lyric.
I would seriously listen to what Mr. Yared has to say in this regard. Not that its so revolutionary, but because it just adds to the chorus of voices singing the well deserved praises of Apple, Inc.
I’ve held positions in AAPL since 2000 when it traded at $9.99 per share, so I believe in Apple. In January 2007 when Steve Jobs introduced iPhone to the world, I prognosticated that in the future, people would look back at the performance of AAPL stock and see a clear turning point in value, before and after iPhone. I still maintain this opinion.
AAPL stock value –
@ iPhone January intro: $97
@ iPhone June release: $122
@ close November 23: $171
See a pattern?
Typically Apple’s stock goes up big time and then investors cash in for a while. The new bottom seems to be around 160. In mid Jan we will find out how well Apple did over the Xmas.
There are so many positives. A full portfolio, good product supply and apparently excellent demand.
I hoping Apple set another 2M mac quarter and sell 30 M iPods and iPhones to generate 1.5 B profit and $1.75 earning per share.
“Pretty soon, people will not be able to buy nor sell anything without first receiving the mark of the beast either on their forearm or forehead.”
new rule, fundie xtians who preach the end times need to be treated like the bassackward morons that they are….
“Six o’clock – TV hour. Don’t get caught in foreign towers.
Slash and burn, return, listen to yourself churn.
Locking in, uniforming, book burning, blood letting.
Every motive escalate. Automotive incinerate.
Light a candle, light a votive. Step down, step down.
Watch your heel crush, crushed. Uh-oh, this means no fear cavalier.
Renegade steer clear! A tournament, a tournament, a tournament of lies.
Offer me solutions, offer me alternatives and I decline.”
Look here
Special Forces and US Black Bag types already have something even better, with a small metal wire protruding out of their arm for tracking by spy satellites.
There are bar codes tattooed on these guys forearms so they can buy whatever they want in any store. Just by swiping their arm across the scanner. No kidding.
Look how gas cards are getting, just a swipe and you can pump gas. A small implant when your ignorantly young and you would grow up thinking it’s normal.
“Paper money is for criminals”
Any day now and we will witness the miraculous AAPL run-up towards the MAC conference and the Q1 earnings call. You really think that we will stay flat until then?
Look how gas cards are getting, just a swipe and you can pump gas.
Bets the heck out of standing in convenience store lines, with the half-stoned mutants buying their munchies, smokes, and lottery tickets.
With runaway gas prices and record drive-offs, I’m surprised all pumps aren’t card-only already.
to quote the wisdom of someone wise, “It’s the end of the world as we know it.”
The world as we knew it ended on 9/11/01. Everything since then have been the repercussions.
Like the slapstick movies of the 1930’s and camp TV of the 1960’s, people need a good laugh & an escape when the world is going to hell. Today’s Apple is ideally positioned to provide the means for that escape.
OMG, JohnValjohn24601.
I think I found your proof:
http://www.chinadaily.com.cn/china/2007-11/24/content_6276969.htm
So ‘shen’ knew *exactly* what Johnwhatever was talking about.
Verrrrry interesting.
Macaholic, he was referring to a Bible prophecy about the end times in which a totally computerized world allows control over commerce to such an extent that at some point in time in the future the ‘AntiChrist’ makes people take a mark (666 obviously).
Without the mark you starve to death.
Quite why he mentioned this in a Mac forum I’m not sure, but everyone really needs to know this anyway, so y’know, can’t hurt.
This type of control was impossible only 20 or so years ago, making this a fascinating time to study Revelation.
But it is an interesting thing to see ‘shen’ antagonistically put an X instead of Christ in the word Christmas or Christian.
He knows where he stands. At least, he thinks he does…
I really do have to ask why this is being discussed on a Mac forum?
To be quite frank, I don’t like the thoughts of the End of Days being shoved down my throat by anyone. It terrified me as a kid… then to come onto a Mac News Website and read this? Come on people.
911 is a price target not a conspiracy
666.66 has Apple roots. End of Days + some.
Once.
What goes up also comes down.
Once invincible titans that now seem quite irrelevant:
Cray – DEC – Compaq – Sun – Lucent – to name but a few.
Remember, you’re buying AAPL from someone who thinks its going down…
Actually, you may be buying shares from someone who wants a new boat, too. Or, someone who intends on buying in again sometime later Or someone who has medical bills. Or someone who has other obligations. Or someone with a different investment strategy. Or someone whose assets were liquidated after death. Or someone who made a mistake.
Other than these folks, you’re right, though.
“Cray – DEC – Compaq – Sun – Lucent – to name but a few.”
How about Microsoft, Sprint, Nextel, Comcast, Sony, Time-Warner, and Universal-BMG? The the 5 you named they’ve become obsolete because of Apple.
You might be buying some AAPL shares from somebody, but it won’t be me any time soon.
I smell a 911 Porsche Turbo in my future.
“So ‘shen’ knew *exactly* what Johnwhatever was talking about.
Verrrrry interesting.”
why is it so interesting that i have an education? i would also know exactly what he was talking about if he had mentioned Hindu mythology or Navaho mythology. why is Xtian mythology more interesting?
” he was referring to a Bible prophecy about the end times in which a totally computerized world allows control over commerce to such an extent that at some point in time in the future the ‘AntiChrist’ makes people take a mark (666 obviously).”
since i have the afore mentioned education, i will point out that there is nothing said in the prophecy you refer to that speaks in any way about computers. further, rather a lot of evidence says that the “end times” where to have been only a few dozen years after the prophecy was written.
…heck, if you do the math, i think it is obvious that it already happened!
second coming, god and the church rule the earth for a thousand years, should have happened about 250AD…. that would put the end of the 1000 years at 1250….
the end times, triumphant return and rule of god already have happened.
…we call them the dark ages. and the ignorant shall continue to worship the myth. get over it already.
“He knows where he stands. At least, he thinks he does…”
ooooo, ominous. full marks for your threatening implication that you know something that we mere heathens don’t! very good…..
as was pointed out, the rest of the lyrics to the song are “and i feel fine.”
its YOUR hell, YOU burn in it.
have fun….
Apple will hit $300 before the end of 2008.
My prediction.