Analyst sees Apple shares soaring to $1111 to give the company a trillion dollar value

Analyst sees Apple shares soaring to $1111 to give the company a trillion dollar value
Brian White of Topeka Capital Markets is what you might call a Super Bull on Apple's shares. By next year, White says that the Cupertino based company's stock will be trading at $1111 giving Apple a $1 trillion value. And unlike many companies whose shares rise on products and earnings not expected until the future, for 2012 White sees Apple reporting the highest net income of any company in the history of mankind.

Talking to people involved in Apple's supply chain, the analyst says that it is going to be an exciting September for the company. It could be the month that we see Apple introduce not only a completely refreshed 6th generation Apple iPhone, but also a mini version of the Apple iPad with a 7.85 inch screen. On Monday, Apple took a big step in the right direction by rising 2% or 11.65 to $585.78. The 52 week high of the stock is $644 with the 52  week low at $310.50.

White's bold forecast puts him in the same league as independent analyst Andy M. Zaky. You might remember that Zaky is calling for Apple to hit $2000 a share by 2015.source: CNET

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47 Comments

1. MISTER-H

Posts: 87; Member since: May 28, 2012

Don't think so.....

22. APPLE_R0YALLY

Posts: 73; Member since: May 08, 2012

We think™so. We™ will rise®………™®

39. sid07desai

Posts: 290; Member since: May 03, 2012

Samsung™ and Google™ won't let you.

2. -box-

Posts: 3991; Member since: Jan 04, 2012

To quote the great Brian Cox, in Super Troopers, "I'll believe that when me [sic] s**t turns purple and smells like rainbow sherbet." I think this yahoo wants it to go that high so he can afford more junk to buy when he sells his shares

3. CharlieAtInfinity

Posts: 253; Member since: Apr 10, 2012

I'd say that at apple are best at marketing innovation not product innovation.. Thats how they are able to sell the 2007 designed iphone (the main design has not changed much) with minimal features and they manufacture it very cheap in china and sell at insane premium (unlocked models) and in some countries like India the price of iphone is INSANE but people still run after it.. (marketing).. Thats how apple has reached this position and just look at it... they saying " highest net income of any company in the history of mankind"!!

4. MISTER-H

Posts: 87; Member since: May 28, 2012

Why is the world full of stupid dum idiots....

6. Chronos

Posts: 258; Member since: Feb 25, 2012

Dum? The irony...

7. thedarkside

Posts: 654; Member since: Apr 30, 2012

dumb*

28. TROLL.ISAHA

Posts: 535; Member since: Mar 28, 2012

Cause they are brainwashed and dodos....

5. jmoita2

Posts: 930; Member since: Dec 23, 2011

LMFAO!!! Yeah, right. I do not think so. More like the other way around. When the new iPhone proves a total dud, the shares will free fall.

8. thedarkside

Posts: 654; Member since: Apr 30, 2012

the force has proven to be strong with you, young apprentice.

14. jmoita2

Posts: 930; Member since: Dec 23, 2011

Thank you, Obi Wan. I strive daily to learn the path of the Jedi.

21. thedarkside

Posts: 654; Member since: Apr 30, 2012

whoa whoa whoa... its darth noxus

9. Chronos

Posts: 258; Member since: Feb 25, 2012

Doubt it.

13. Non_Sequitur

Posts: 1111; Member since: Mar 16, 2012

Yep, iSheep will throw money at the stores when a product has an Apple logo on it.

41. bayusuputra

Posts: 963; Member since: Feb 12, 2012

really? okay, i will start dumping now and give my s**t an apple logo, i'm really sure they will buy it at whatever price i Dictate.. I'm gonna be a f**kin' billionaire selling s**ts like apple does, man!

12. tedkord

Posts: 17346; Member since: Jun 17, 2009

Apple has a large core group that cannot be disappointed. If the next iPhone had a 3" screen, that would be the new perfect size for a screen. They could re-release the original iPhone, with no changes, and they'd rush out to buy it. Look at the 4s. It was hardly even an upgrade, and sold like hotcakes (do hotcakes really sell a lot?). The iPhone 5 will sell very well. Maybe not as much as the 4s, what with the increased competition from the One X and SGSIII, but it'll fly off the shelves.

16. jmoita2

Posts: 930; Member since: Dec 23, 2011

The hot cakes do!!! You should see the lines at the Mexican bakery by my house. But back to your point, Apple could re-release the iPhone as a miniaturized version, you know, the size you put on your keychain next to your Vons card and they would gladly stampede each other to pay all the money for it. Go figure.

30. DigitalBoy05

Posts: 276; Member since: Jun 04, 2011

iPhone Retro... because the new one just isn't cool anymore.

10. gallitoking

Posts: 4721; Member since: May 17, 2011

why the hate dont think anyone has stock??... so why hate?... nevermind I dot want to be bombarded with dumb answers..

19. MISTER-H

Posts: 87; Member since: May 28, 2012

After all these comments, and a coward company, and stealing and patening what does not belong to them and the restrictions high price for a midrange phone. That's why... U no and u still ask... How so fool...

23. thedarkside

Posts: 654; Member since: Apr 30, 2012

dude. you make my head hurt.

29. TROLL.ISAHA

Posts: 535; Member since: Mar 28, 2012

Brainwashed....

11. harpdogg

Posts: 18; Member since: May 17, 2012

This just in Analyst from one of the worst financial markets in the united states has bold projection to get his name mentioned as many time as possible before Kim Kardashian gets a new boy friend!!

15. bubbadoes

Posts: 1225; Member since: May 03, 2012

That bubble will soon blow...the onlu new thing from apple is display. Display display...retina this retina that..look at the new mac pro and ios6. These are same analyst that said facebook would be the most anticipated stock of all time now its trading lower than rims stock

17. jmoita2

Posts: 930; Member since: Dec 23, 2011

"Analysts" were also screaming to buy Lehman Brothers right before it imploded.Who remembers that?

18. AppleConspiracy

Posts: 637; Member since: Oct 18, 2011

Apple will crush everything in its path, it will become the greatest company in history, capable of buying the world and making everyone their servant. Because we want to, we will camping outside Apple stores for weeks if we have to, just to get that long awaited feeling of servitude to our Master. For more than a century we didn't have God, and now we finally found Him.

20. -box-

Posts: 3991; Member since: Jan 04, 2012

While I appreciate the sarcasm, especially about the cult of apple, the blasphemy is a little much

27. AppleConspiracy

Posts: 637; Member since: Oct 18, 2011

It's not blasphemy actually. I was referring to the death-of-God concept established by Nietzsche in 19th century by shifting the world from mythical era to techno-scientific era which has the progress as it's true belief. Religion in classical sense from that moment no longer exists except as a simulation (please read Baudrillard and Lyotard about "Grand Narratives"). However in Apple this techno-scientific paradigm finally got its true prophet, his final Form, and the people are behaving accordingly (fundamentalists/fans, ordinary practitioners and sworn enemies), enough to make this theory credible - that Apple is actually a religion!

31. jmoita2

Posts: 930; Member since: Dec 23, 2011

The same Nietzsche that had long conversations with his horse? I've tried reading some of his works...strange, to say the least.

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