Saturday, May 26, 2012

Apple Stock Will Hit $1000, Says Gene Munster [Report]

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Apple Stock Will Hit $1000, Says Gene Munster





I'd dance, too, if I still owned all those AAPL shares I had in the 90s

Not only does Piper Jaffray analyst Gene Munster see Apple’s and its investors’ financial outlook as essentially rosy for the foreseeable future, but he’s taking it one step further. He’s convinced that he has at least ten reasons to stay bullish on Apple stock over the next three years. He also thinks the stock price is going to hit $1000 per share.

Forbes reports that Munster expects to see what he calls meaningful updates to the iPhone and Mac, as well as a new TV to be shipped in 2013. He mentions retina-enabled Macs and Ivy Bridge processors as well as a smaller iPad coming in early 2013.
Munster also

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