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Friday, 09/21/2007 9:15:25 AM

Friday, September 21, 2007 9:15:25 AM

Post# of 147468
04:16 AAPL Apple profiled in Inside Wall Street - BusinessWeek Online (140.31 )

BusinessWeek Online reports of the 27 of the analysts who track Apple (AAPL), none recommend selling. No way are we selling, says Sean Kraus of Provident Investment Counsel, who bought at 47 in mid-2005 and hasn't sold a share. "Apple is still one of the best investments in technology," adds Kraus, who sees it hitting 180 in 12 months. Others see Apple even higher. Kraus expects Apple to beat the Street's sales forecasts for iPhones, iPods, and Mac computers this fall. Long-term, he sees Apple creating new markets with "revolutionary" products and marketing muscle.

Kathryn Huberty of Morgan Stanley, who rates it "overweight," says the 30% price cut on iPhone was a "positive move" to stimulate holiday demand. Operating margins should expand, she adds, as Apple's innovative products continue to boost sales. She sees Apple earning $3.68 a share in 2007, $4.80 in 2008, and $5.99 in 2009, up from $2.18 in 2006. Could Apple hit 200? Piper Jaffray's Eugene Munster has a has a higher forecast: 211 in 12 months.
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