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moneycents

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moneycents

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Saturday, 12/22/2012 11:47:56 AM

Saturday, December 22, 2012 11:47:56 AM

Post# of 147274
Heard yesterday on CNBC that Apple expected earnings for 2013 are in the $50+ range. With a P/E of 14, that puts price at $700+. Also reported that iphone holds 53% market in US with Android at 40 something. Combine with China outlook and Apple TV in 2013, everything points to $700 or better in 2013.
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