Cody Willard’s top 3 reasons why Apple shares are headed to $2000:
1. Apple’s trading at less than 8x next year’s $30 per share in earnings when you include the $50BB plus in net cash the company has.
2. The products are the highest quality out there and nobody can catch that, not google, not softee, not sony not nobody
3. The platform that Apple has locked people into is the key….almost everybody who is now using iTunes will still be using iTunes in five years, the people nurtured on iPhones 1-5 will still be using iPhones #15-20 in 10 year, and everybody using facetime will still be using facetime, and you’ll be doing so much more inside that platform/eco-system that apple’s created. And that’s the real key. And it’s not about 2011 anyway. It’s about 2021 when you live surrounded by iOS in your home, your car, your office, your gadgets.
Read more in the full article here.