“Jim Cramer listed his top 10 predictions for 2008 this week,” Seeking Alpha reports.
A few of Cramer’s predictions involved Apple in some fashion:
Google stock reaches $1,000. The company becomes one of the top three companies in the U.S. in market capitalization… and succesfully challenges Microsoft (MSFT) for operating-system dominance.
“Apple (AAPL), he predicts, will reach $300. He sees it successfully taking over the music business, and, among other knock-on effects, he forewarns that Warner Music Group will file for bankruptcy,” SA reports.
Full article, with Cramer’s 10 Predictions for 2008, here.
I called Jim Last night and told him to keep this a secret.
As you see my plan worked perfectly.
So much for the Average man of the streets being able to buy Apple Stock
I own 2400 shares and bought it at $13 many years ago
but now only Mutual funds and the very rich can afford to buy more then one share
Apple split the shares!!
so that more people can enjoy owning a winning companies fortunes.
Noiseworks. You did very well. Can’t spell though.
“than one share”. Surely anyone could afford $188? You just want 4800 shares. I don’t blame you. You’re going to have great year.
“…and succesfully challenges Microsoft (MSFT) for operating-system dominance.”
Does Google even have an OS (other than the unreleased Android for mobile phones)?
“He sees [Apple] successfully taking over the music business”
Isn’t this a prediction for 2004? I thought they already had taken over this business.
Jim Cramer is not Cosmo Kramer
Just my $0.02
Apple should buy up some music companies to save them from themselves. Maybe some movie companies too. Vertical integration: why not?
I think the real target number is closer to 450 than 300. Cramer can’t do the math. The earnings growth on existing products will be way above Wall Street’s estimates and I can’t believe that Apple will not introduce new product lines, as innovative as Apple is.
Apple’s hyper growth phase is not over yet and AAPL is way under valued.
@ Noiseworks
Only a very rich man can afford 400 bucks? Where the hell are you from, Calcutta?
@ LinuxGuyAndMacProdigalSon
400 is right there in the ballpark, and that’s my guess. Still, it’s going to be a fun trip…
Every point of market share is worth billions.
Also, someone please correct me if I’m wrong, but now that we have gobs and gobs of online brokerages, is it not possible to go on and just buy 10 shares of AAPL or any other stock? And even if it does split, 90/share would still require 9000$ to buy 100.
This concept of buying in lots of 100 I think is so last century.
Please someone tell me.
To Noiseworks: You should consider sharebuilder.com.
I predict that Steve Ballmer will wear out several boxes of 64 trying to out-innovate Apple in 2008. Maroon and Bittersweet will wear out first.
@Ampar:
And OfficeMax will have scheduled weekly office chair replacement deliveries to M$.
The only way I would take Cramer’s advice is if he were giving it away with free gold bullion.
To MacRaven:
Maybe the OfficeMax in Kirkland but the real winner is:
Office Depot
15301 N.E. 24th Street
Redmond, WA 98052
You got that right. I’ll take Cosmo anytime. Giddy-up!!