“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.]