“Apple’s stock has continued to buck the trend on Wall Street, posting a 14%-plus gain in the four weeks since last month’s issue went to press,” Nate Pile, the editor of Nate’s Notes, explains. “And, while there is always the chance that a negative surprise will suddenly materialize for the company, I continue to believe that the company’s prospects are still the brightest they have ever been, especially when it comes to the company’s computer business.”
Pile writes, “In a nutshell, I believe that analysts are still dramatically underestimating the chances of Apple pulling off a major coup in this space by returning to double-digit market share ‘far sooner than anyone believes is possible.’ In anticipation of a great holiday season, AAPL is now a strong buy under $185 and a buy under $220.”
Source: Nate’s Notes Issue 155
I am long myself
AAPL is the real “surprising” stock, waaay above GOOG.
People will only realize that when it is as big as MSFT in 5 years.
I bought a thousand years ago wen they were under 10 bucks!
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Does this mean that Nate’s chauffeur is a Pile driver?
@TT…. total spit take bro.
Jim TIV
That reminds me of something my sister said once….
(OK, not really)
I don’t think the gentleman who predicted AAPL would go to $600 is underestimating it.
TT: Only if it’s shag.
Hey, Amp. I see what you did there….
Quite a play.
Was it laid wall to wall?
50% market share by 2010. I believe it.
I wonder if Nate’s brother’s name is Gomer?
> returning to double-digit market share ‘far sooner than anyone believes is possible.’
I think Apple is already passed the 10% mark in the U.S., starting the current quarter. At this point, no well-informed buyer is going to want a brand new computer with Windows Vista. I’d guess about 1 in 10 buyers are “well-informed” at this point. The only truly viable alternative is to buy a Mac (with apologies to the Linux folks).
“I wonder if Nate’s brother’s name is Gomer?”
talk about pile driving….
Hey, I heard he raises nuts.
My take?
by 2010:
MS=70% Apple=$25% Linux=
The full extent of the Apple resurgence presently underway will not be fully visible until it is viewed with hindsight…
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He may well be right.