“Blair is an Apple bull, and walked through some datapoints to support his view that the stock, as high as it already is, still climb further still,” Savitz reports. “Here are some of the key parts of his thesis on the stock: Blair says checks with the supply chain suggest the company intends to produce 45-48 million iPads next year, which would be up from his forecast of 13.5 million in 2010. Among the drivers he anticipates is the arrival of the iPad 2, which he thinks will include not only a front-facing camera, but also a thinner form factor essentially built from one piece of metal. He also contends that Apple’s production forecasts suggest the company thinks it can sell 100 million iPhones next year.”
Savitz reports, “Finally, he is highly bullish on demand for the new 11.6-inch version of the MacBook Air… ‘Our initial checks point to stronger than expected unit sales of the new MacBook Air with the 11 inch model being the driver.'”
Read more in the full article here.
MacDailyNews Take: Uh, for once, not too low.
[Thanks to MacDailyNews Readers “iWill” and “James W.” for the heads up.]