Analysts Predict AAPL Stock to Hit $1000; Market Cap to hit 1 Trillion in 1-2 Years

[FanIn80]

How crazy is this?

While our 12-month price target is $910, we believe shares of AAPL can reach $1,000 beyond our one year price target window, specifically in 2014 when we believe investors will begin to factor in CY15 numbers. Even conservatively applying the 12x forward year EPS multiple (CY13) that Apple is currently trading at to our CY15 estimate of $80.18, we reach a $960 share price. Furthermore, we believe factoring in an Apple Television could add more than $4 in EPS (5%) by CY15, which could yield over a $1,000 share price (12 * ~$84).

http://www.macrumors.com/2012/04/03/...cap-for-apple/

Love/hate of Apple products aside, this has to be interesting news for anyone who enjoys making money.

[Resolute 14]

And I still won't buy anything they make.

[3 Justin 3]

Oh how I win I had more than $6k to invest. Id put it all into Apple. Only like 4-5 months ago aapl was like $200ish a share. 1.5 years later and it's estimated to be $900-1000.

[FanIn80]

Mind you, once you put the shocking nature of the numbers themselves aside, it's really just a prediction that a company's share value could almost double within the next year or two.

I imagine these types of predictions happen on a regular basis, so in reality this may or may not have been thread-worthy. The 1,000,000,000,000 market cap is pretty interesting though.

[ranchlandsselling]

Originally Posted by 3 Justin 3

Oh how I win I had more than $6k to invest. Id put it all into Apple. Only like 4-5 months ago aapl was like $200ish a share. 1.5 years later and it's estimated to be $900-1000.

Are you time travelling?

[Lt.Spears]

I actually think Apple is headed the other way, their products are growing stale and people are switching to alternatives like Android.

[silentsim]

Originally Posted by Lt.Spears

I actually think Apple is headed the other way, their products are growing stale and people are switching to alternatives like Android.

Never realized selling 3 million tablets in 3 days was "stale".

http://www.apple.com/pr/library/2012...e-Million.html

[Slava]

Originally Posted by FanIn80

Mind you, once you put the shocking nature of the numbers themselves aside, it's really just a prediction that a company's share value could almost double within the next year or two.

I imagine these types of predictions happen on a regular basis, so in reality this may or may not have been thread-worthy. The 1,000,000,000,000 market cap is pretty interesting though.

I get at least a dozen reports a day about businesses and the analysts set target prices based on the direction of the company and things like that. I didn't read this report in particular, but these guys are trying to predict the value of a company a couple of years out and often try to do this to two decimal points....I don't think that you need me to tell you that getting it right doesn't always happen!

[3 Justin 3]

Originally Posted by Lt.Spears

I actually think Apple is headed the other way, their products are growing stale and people are switching to alternatives like Android.

Record sales in the last quarter and you say the products are stale and consumers are moving away from apple. Not sure how serious you are.

[Phanuthier]

I work for a pretty big (multi-ten billion dollar market cap) company, who does some stuff for Apple. A month ago, we hired a VP who's unoffcial title is "VP of Apple", i.e. his job description was to keep Apple happy. Talking to a lot of guys around here that have Apple as customer, all of them have been ramping up to get a partnership as well.

Apple is a beast.

(J3J ... I said this earlier, but I know an someone who worked for Apple in finance... in their accounting cycle (or everyone's accounting?) there is a extra week compared to other accounting cycles, a leap year of sorts as far as accounting cycles go. I'm told that extra week is why they blew away analyst predictions, otherwise they would have exceeded but it would have been close.)

[burn_this_city]

I'm a big fan of their non-computer products but I don't know if they have the staying power to keep growing and innovating. Personally I think the stock is over bought at the moment.

[photon]

Analysts Predict

Time to sell.

[bizaro86]

Anyone remember the "Microsoft predicted to be first 1 Trillion Dollar Company" headlines from around a decade ago?

Que the: "This time it's different!"

[3 Justin 3]

Originally Posted by bizaro86

Anyone remember the "Microsoft predicted to be first 1 Trillion Dollar Company" headlines from around a decade ago?

Que the: "This time it's different!"

Were people as brainwashed as they are today towards Apple as they were back then towards Microsoft?

I am not a Apple fanboy nor a hater, but you can't deny how powerful their consumer base is. Every time I just peak into their Apple Store, even on a Tuesday at 1:30 it is packed. Until the trend changes, which I don't think it will, Apple will just continue to grow.

[Phanuthier]

Originally Posted by 3 Justin 3

Were people as brainwashed as they are today towards Apple as they were back then towards Microsoft?

I am not a Apple fanboy nor a hater, but you can't deny how powerful their consumer base is. Every time I just peak into their Apple Store, even on a Tuesday at 1:30 it is packed. Until the trend changes, which I don't think it will, Apple will just continue to grow.

Yeah but thats not the reason why "analysts predict" why Apple will surpass the $1T cap hit in 1-2 years.

[afc wimbledon]

stock analysts still don't really get tech stocks, it escapes them that google or facebook could be utterly meaningless in 6 months, that Apple could be wholly suplanted by the latest trinket from someone else reletively easily as well.

[afc wimbledon]

Originally Posted by fotze

Just like pretty much any company on earth.

But you get it, fataing idiots the world over should just listen to you. Are you my crazy uncle Lyle?

No, Japanese or Korean tractors might kill of Massey Ferguson or John Deere but it will take 10 to 15 years, where as software can be gone in a few months and computor or phone can be effed in a year, ask RIM, it is the nature of the tech' consumer, there is no customer loyalty or market for older products, you are either in front or dead.

[Jacks]

I was going to buy some of their stock in the late 90's, I think it was something like $10 a share, maybe $20?

[bomba]

Their products are trendy, but without the guy at the top creating that allure does it have the staying power? We will see, but remember this company was on the edge of bankruptcy before Jobs came back

[chemgear]

For those interested, they are holding their earnings call for April 24. Should be interesting to see what crazy number of iPads they sold this quarter.

Anyhow, back to the debate.