Tuesday, September 27, 2011

iPhone 5 In Stock

The big question for the rest of the year is how will the iPhone 5 impact Apple's stock, which is currently trading at $405/share.  We believe the Apple iPhone 5 demand will be very high for some time.  As quickly as Apple can build iPhone5's, AT&T / Verizon / Sprint will be selling them.  After the hype dies down and the demand remains high, investors will continue to drive Apple stock much higher then it is today.  So the question is how high will iPhone 5 will drive Apple stock?  If we had to convert iPhone 5 in Stock (we think it will be at $600 by qtr 2012).

Let us know what you think Apple's closing price will be on 12/31/2011.  The Winner will get a $100 gift certificate.