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. I’ll be right back … Jumping over to e-trade to check on Jan2014 call options. I think an 800 strike might look pretty good, and it’s payday.

  2. 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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