Apple Inc (AAPL)

[langostino]

from the sublime to the surreal

"in a strong case scenario" ..... "in 2008" ....

But not to worry. When the need comes to bubble it up some more they can always come up with a "best of all best cases scenario" .... "in 2010"

A year from now there are going to be people sitting around looking at the Merrill sales pump thinking "how the heck did I not see it for what it was? it couldn't have been more painfully obvious if they stamped it on my forehead"

My favorite part ... "Firm believes the iPod market has been underestimated ..."

Hmmm. Or did you mean to say ... "When we set our $39 target only a few weeks ago WE underestimated what we thought the market for iPods would be, but we've had an epiphany in the past few weeks and we think WE underestimated and therefore are raising our estimate of unit sales and therefore our price target"