Piper Jaffray: 10 Apple strengths that lead to $1000 share price

“Investment bank Piper Jaffray issued a note on Friday highlighting 10 key points, which range from anticipated future products to China iPhone growth, that it believes will drive shares of Apple up to $1,000 in the next couple of years,” Josh Ong reports for AppleInsider.

“Analyst Gene Munster offered a bird’s-eye view of the company and its prospects,” Ong reports. “He believes the most important highlights for Apple will be continued innovation in the company’s 2012 product roadmap; a blowout next-generation iPhone launch; an Apple television arriving in 2013; little change to carrier subsidies for the next two to three years; sustained gross margins above 40 percent and the China opportunity.”

Munster’s 10 Apple strengths:
• 2012 product roadmap
• Next-gen iPhone
• Apple television
• Phone subsidies not an issue for Apple
• 40%+ Gross margins
• Phasing out older products
• China adoption curve
• Tablets eclipsing PCs
• Enterprise strategy
• Services (iTunes Store, the App Stores, and iCloud)

Much more in the full article here.

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

4 Comments

  1. Usually when talking about someone strengths or weaknesses, it is something that someone posses or owns, and they may not be so forever.

    These are not strengths:
    • 2012 product roadmap: most every bozo will have a product roadmap.
    • Next-gen iPhone
    • Apple television
    • Phone subsidies not an issue for Apple
    • China adoption curve
    • Enterprise strategy: companies adopting iPads, iMacs, iPhones, does not mean Apple as an enterprise strategy.

    These are now:
    • 40% Gross margins
    • Phasing out older products
    • Tablets eclipsing PCs
    • Services (iTunes Store, the App Stores, and iCloud)

    Let me add strengths that come to mind:
    – Cash pile
    – Nice products that work seamlessly that anyone from babies to grannies can and actually use all over the world.

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