“Most Apple (AAPL) analysts will offer estimates that look a few quarters or even a year in advance,” Philip Elmer-DeWitt reports for Fortune. “Andy Zaky is not like most analysts.”
“For one thing, his estimates over the past four years have been considerably more accurate than your average Wall Street analyst,” P.E.D. reports. “Now he has put together an Apple forecast that looks not a few quarters, but a few years into the future.”
P.E.D. reports, “If Apple is still trading at 14 times earnings in fiscal Q4 2015, it will, according to Zaky, have topped $2,000 (14 x $145.96 = $2043.44).”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Ellis D.” for the heads up.]
From his lips to Jobs ears
How Apple’s stock price gets to $2,000?,/i>
One dollar at a time.
Zaky is always on the money
Zaky is predicting only a doubling in iPhone shipments in 2 years time which is very achievable. Of course we would expect iPad shipments to grow much faster than iPhone.
Those that want to turn this into bad news can probably report the following:
“Apple Bull Zaky predicts only a 100% growth in iPhones in 2 years”
“Apple Bull Zaky says that Apple will stop growing by 2015. Sell your share now to avoid losing your shirt!”
Lol
The headline would be “Andy Zaky : Apple’s growth ends”
And somewhere hidden inside the article, 2015
“Andy Zaky: Apple’s profits to stagnate at $100 Billion Only.”
Andy’s only misleading investors when he talks this type of nonsense. Although, in all reality, no investor would believe this sort of far-fetched crap about a stock that’s usually pulled down with the rest of the market. Doesn’t he realize that even with record quarterly earnings the share price is just as lousy as any other stock except maybe Priceline (which is up again today) or Amazon. Checking today on Apple’s share price it’s like Apple didn’t even have a fourth or first quarter blowout which I find truly confounding. Apple earnings have again gone into a black hole.
I believe it doesn’t matter how much money Apple makes from selling products, the share price will still remain relatively low compared to earnings. Apple bulls just don’t seem to get that fact despite it staring them in their face on a daily basis. There doesn’t seem to be any catalyst that will make Apple diverge from its past performance unless they change their core business and I’m not even sure that would do it. Why Zaky writes these clearly outrageous articles, I’ll never quite understand. Apple is much further away from its price targets than it was last year which makes even $800 rather unlikely.
It all depends on how Apple innovates. Apple is very good at making energy-efficient devices. It’s plausible that they could reach a breakthrough in this arena. They have solar farm at the North Carolina datacener. Energy or medicine could be their next fields.
800 unlikely hahaha!! the stock has moved 50 points since last Wednesdays low, over 100 points since july earnings, and over 300 points from last year! yup your right unlikely hahaha
Now here is one bean counter that comes close to grasping the concept of Apple’s numbers that go off the charts.