Analysts expect Apple shares to go far beyond $300

55 Comments

Apple Online Store“Apple’s (AAPL) approach to $300 brings it close to a $274 billion market cap, second only to Exxon Mobil’s (XOM) $315 billion value as the largest U.S. companies by stock value,” Scott Moritz reports for TheStreet.com. “Apple sits high atop the tech sector, with Microsoft now a distant second at $214 billion.”

“But even as Apple continues to climb to all-time highs, some analysts see reason to point even higher. On Monday, for example, Canaccord analyst Mike Walkley raised his price target for Apple by $10, to $366,” Moritz reports. “Still, as bright as Apple’s prospects may seem against other gadget makers, it doesn’t have the richest valuation among its tech peers.”

Moritz reports, “As one long-time Apple investor said regarding Apple’s $300 stock price: ‘I don’t know what to do. It’s hard to sell Apple when it’s the only stock I have that’s going up.'”

Full article here.

55 Comments

  9. “The upshot of all this is that Apple investors can still find reasons — although fewer and fewer — that Apple isn’t necessarily overvalued at $300.” Scott Moritz

    That is damning with faint praise. It’s not a positive to talk about “fewer and fewer” rasons to invest, nor is it positive to mention “overvalued”. Why can’t he say it’s undervalued when its PE ratio is not even as high as Google’s or Qualcomm’s? Instead he calls higher PEs, “most treasured”!

    You have to read the code between the lines. Frigtards like Moritz cannot ever let their Apple hate go.

    Reply

  10. “The upshot of all this is that Apple investors can still find reasons — although fewer and fewer — that Apple isn’t necessarily overvalued at $300.” Scott Moritz

    That is damning with faint praise. It’s not a positive to talk about “fewer and fewer” rasons to invest, nor is it positive to mention “overvalued”. Why can’t he say it’s undervalued when its PE ratio is not even as high as Google’s or Qualcomm’s? Instead he calls higher PEs, “most treasured”!

    You have to read the code between the lines. Frigtards like Moritz cannot ever let their Apple hate go.

    Reply

  23. even at $300.00 to $350.00/share AAPL will be under valued just based on it’s financial fundamentals. where as both Microsoft and Google are over valued based on their financial fundamentals. For Microsoft to valued in accordance with it’s real financial fundamentals it’s share price needs to slide down to $9.98/share and Google’s share price needs to loose more than $100.00 to $150.00/share in excess over evaluation and speculation.

    For both Microsoft and Google to maintain their inflated valuations both companies need to cut out their losing projects lighten their top heavy management structures and slim way down. Neither company has a good focus on what each of the companies want to be. In the current long term drawn out depression that the world is currently in tech companies and companies in general need to have a laser focus and a laser focus and a flawless product introduction. The Product also needs to be highly original and uniquely innovative to capture the consumer’s attention and their buying power.
    Android will never drive any meaningful profits for Google in the end Android will just be source of capital and revenue loss. Google’s shareholders should look very closely at all the projects within Google and force their top heavy management to start thinning down the projects that have no future of return and no fundamental reason for being. Microsoft is the king of flushing money down the bowl. The Microsoft ethos of Win at all cost is a big negative mark on why investors should shy away from Microsoft. Microsoft is more then willing to spend and in may cases do (legal or not) as much as it takes to try and take over what ever market they chose to want. Microsoft wanted the internet browser market so they, spent billions, gave it away for free and broke many laws in what is basically a story about how one tech company stole it’s position at the top of the tech sector.

    Reply

  24. even at $300.00 to $350.00/share AAPL will be under valued just based on it’s financial fundamentals. where as both Microsoft and Google are over valued based on their financial fundamentals. For Microsoft to valued in accordance with it’s real financial fundamentals it’s share price needs to slide down to $9.98/share and Google’s share price needs to loose more than $100.00 to $150.00/share in excess over evaluation and speculation.

    For both Microsoft and Google to maintain their inflated valuations both companies need to cut out their losing projects lighten their top heavy management structures and slim way down. Neither company has a good focus on what each of the companies want to be. In the current long term drawn out depression that the world is currently in tech companies and companies in general need to have a laser focus and a laser focus and a flawless product introduction. The Product also needs to be highly original and uniquely innovative to capture the consumer’s attention and their buying power.
    Android will never drive any meaningful profits for Google in the end Android will just be source of capital and revenue loss. Google’s shareholders should look very closely at all the projects within Google and force their top heavy management to start thinning down the projects that have no future of return and no fundamental reason for being. Microsoft is the king of flushing money down the bowl. The Microsoft ethos of Win at all cost is a big negative mark on why investors should shy away from Microsoft. Microsoft is more then willing to spend and in may cases do (legal or not) as much as it takes to try and take over what ever market they chose to want. Microsoft wanted the internet browser market so they, spent billions, gave it away for free and broke many laws in what is basically a story about how one tech company stole it’s position at the top of the tech sector.

    Reply

  25. The sun has set on the Sony empire. When Jobs declared Apple a consumer electronics manufacturer and changes it’s name to Apple Inc., he sighted Sony with admiration and reverence- the standard of excellence.

    Sony made great transistor radios, walkmans, VCRs, TVs, microphones, pro recording gear and other electronics devices and the highest standards of quality  and build were always guaranteed in any 1st generation Sony device. Sony reigned supreme in the 20th century. It was an example that Jobs admired and aimed to best.

    Everything Sony made was the best of the crop- the quality spoke for itself, then came the digital age and with it the caveat of hierarchical menu navigation and logic – front end software… Then Sony spread itself thin and created Sony Music and The Sony entertainment and instead of perfecting it’s software chops distracted itself with the above and fragmented it’s focus and resources in a classical case of – too many cooks… Sony lost focus and vision and direction and scrambled to race out too many products in a hurry before they were ready for prime time…

    The company had too many soldiers and not enough leadership and discipline, management blinked and got distracted trying to turn an empire into a planet and Apple slowly learned it’s weaknesses by learning from it’s strengths.

    It takes time to build an empire- lots of time. Rome wasn’t built in a day.

    There are so many avenues, yet to be explored and penetrated, so many ideas yet to be developed into mainstream products and so many frontiers to conquer. Many rivers to cross.

    Apple is now the Sony of the 21st century. It’s just in it’s infancy as such. 

    Apple is the undeniable king of the hill and empire, that will reign supreme the rest of this century. Bet on that, understand that, invest in that and prosper.    

    Good things come to those who wait. 

    Reply

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