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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

Posted: 18 Jun 2012, 15:56, by Alan F.

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

Apple's stock has been on fire

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.

"On average, we estimate Apple’s net income in CY12 will be over 6x higher than the three tech companies on an individual basis (when at a $500 billion market cap) or 1.9x the aggregate profit of these three companies combined. When including all five companies, we estimate Apple’s net income in CY12 will be 4x higher than the average."– Brian White, Topeka Capital Markets

source: CNET

47 Comments

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posted on 18 Jun 2012, 16:02 16

1. MISTER-H (banned) (Posts: 87; Member since: 28 May 2012)

Don't think so.....

posted on 18 Jun 2012, 17:33 9

22. APPLE_R0YALLY (banned) (Posts: 73; Member since: 08 May 2012)

We think™so. We™ will rise®………™®

posted on 19 Jun 2012, 04:41 1

39. sid07desai (Posts: 290; Member since: 03 May 2012)

Samsung™ and Google™ won't let you.

posted on 18 Jun 2012, 16:02 8

2. -box- (Posts: 3991; Member since: 04 Jan 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

posted on 18 Jun 2012, 16:09 9

3. CharlieAtInfinity (Posts: 253; Member since: 10 Apr 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"!!

posted on 18 Jun 2012, 16:11 15

4. MISTER-H (banned) (Posts: 87; Member since: 28 May 2012)

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

posted on 18 Jun 2012, 16:30 15

6. Chronos (Posts: 258; Member since: 25 Feb 2012)

Dum? The irony...

posted on 18 Jun 2012, 16:30 9

7. thedarkside (Posts: 654; Member since: 30 Apr 2012)

dumb*

posted on 18 Jun 2012, 17:43 2

28. TROLL.ISAHA (banned) (Posts: 535; Member since: 28 Mar 2012)

Cause they are brainwashed and dodos....

posted on 18 Jun 2012, 16:20 12

5. jmoita2 (Posts: 930; Member since: 23 Dec 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.

posted on 18 Jun 2012, 16:31 5

8. thedarkside (Posts: 654; Member since: 30 Apr 2012)

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

posted on 18 Jun 2012, 17:11 4

14. jmoita2 (Posts: 930; Member since: 23 Dec 2011)

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

posted on 18 Jun 2012, 17:31 4

21. thedarkside (Posts: 654; Member since: 30 Apr 2012)

whoa whoa whoa... its darth noxus

posted on 18 Jun 2012, 16:32 7

9. Chronos (Posts: 258; Member since: 25 Feb 2012)

Doubt it.

posted on 18 Jun 2012, 16:58 6

13. Non_Sequitur (Posts: 1111; Member since: 16 Mar 2012)

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

posted on 19 Jun 2012, 13:23

41. bayusuputra (Posts: 963; Member since: 12 Feb 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!

posted on 18 Jun 2012, 16:56 7

12. tedkord (Posts: 14237; Member since: 17 Jun 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.

posted on 18 Jun 2012, 17:15 3

16. jmoita2 (Posts: 930; Member since: 23 Dec 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.

posted on 18 Jun 2012, 17:52 5

30. DigitalBoy05 (Posts: 234; Member since: 04 Jun 2011)

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

posted on 18 Jun 2012, 16:45 2

10. gallitoking (Posts: 4721; Member since: 17 May 2011)

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

posted on 18 Jun 2012, 17:25 7

19. MISTER-H (banned) (Posts: 87; Member since: 28 May 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...

posted on 18 Jun 2012, 17:33 4

23. thedarkside (Posts: 654; Member since: 30 Apr 2012)

dude. you make my head hurt.

posted on 18 Jun 2012, 17:45 1

29. TROLL.ISAHA (banned) (Posts: 535; Member since: 28 Mar 2012)

Brainwashed....

posted on 18 Jun 2012, 16:55 10

11. harpdogg (Posts: 18; Member since: 17 May 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!!

posted on 18 Jun 2012, 17:11 7

15. bubbadoes (Posts: 1225; Member since: 03 May 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

posted on 18 Jun 2012, 17:17 6

17. jmoita2 (Posts: 930; Member since: 23 Dec 2011)

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

posted on 18 Jun 2012, 17:20 6

18. AppleConspiracy (Posts: 637; Member since: 18 Oct 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.

posted on 18 Jun 2012, 17:28 6

20. -box- (Posts: 3991; Member since: 04 Jan 2012)

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

posted on 18 Jun 2012, 17:42 3

27. AppleConspiracy (Posts: 637; Member since: 18 Oct 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!

posted on 18 Jun 2012, 18:06 2

31. jmoita2 (Posts: 930; Member since: 23 Dec 2011)

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