Apple Innovation – Insights, Case Studies, Best Pr…
Понедельник, Май 31st, 2010Bottomline:
Apple surpassed Microsoft as the most valuable technology company. Apple is on a high growth drive. Apple’s forward P/E is only 16.58, whereas the current P/E is 21.78. Analysts are estimating Apple’s stock to rise to $303.11, with a high end estimate of $350. If Apple stock indeed breaks $350, Apple’s marketcap will expand to $318.5B, higher than Exxon Mobile’s marketcap of $284B, making it the most valuable company in USA (source: Yahoo Finance). With successful new innovations such as the iPad that will generate at least $5 billion in new business this year, and the impending launch of the new iPhone which will bring in more sales, Apple will accelerate the torrid growth throughout 2010. The stars are aligning for a perfect marketcap storm that Apple is going to cause, as analysts will ponder on whether to raise Apple’s stock target price further to $400 come December. It’s a matter of when, not a matter of if, that Apple will surpass Exxon Mobile. Bravo Apple!!