Morgan Stanley bumps Apple stock price target to $720

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Comments

  • willsydneywillsydney Posts: 1member
    Apple Tim Cook is Gay! Love it
  • anantksundaramanantksundaram Posts: 17,398member
    Quote:
    Originally Posted by wizard69 View Post


    Not to mention one slip up with a new product could be very negative. Especially with Apples reliance upon often one device per category. One iPad or iPhone release that generates a negative feeling in the buying community would result in sharp drop in price. Even a poorly received iMac release would not go over well.





    So while Apple may be flying high right now their marketing habits leave them exposed to a negative side that few other companies need worry about. In other words Apple has the potential to swing in either direction dramatically. This should surprise no one.



    This is very true.
  • anantksundaramanantksundaram Posts: 17,398member
    Quote:
    Originally Posted by willsydney View Post


    Apple Tim Cook is Gay! Love it



    1) This has something to do with the stock price!?



    2) Seriously, you signed up to post this?
  • Quote:
    Originally Posted by commoncents View Post


    The idea that this huge avalanche of success is one small mis-step away from catastrophe is absurd.



    What might happen if the Samsung screen production facility were to have a huge disaster? An earthquake or explosion for example? A military attack by North Korea?
  • Quote:
    Originally Posted by willsydney View Post


    Apple Tim Cook is Gay! Love it



    How is that relevant to anything?
  • red oakred oak Posts: 559member
    Doing some quick math, Apple would need to sell at least 400 million iPhone and iPads a year at $625 ASP and 25% margin to have a shot at $80 per share



    400 million x $625 = $250 billion revenue x 25% margin = $62 billion profit / 932 million shares = $67 profit per share



    Apple shipped 52 million last quarter. 200 million run rate. So, would take massive growth - doubling sales - to get o the $960. A lot to ask for in 12 months



    Company is on a roll. I expect the iPhone 5 launch will be like nothing we have ever seen
  • tangozulutangozulu Posts: 2member
    Quote:
    Originally Posted by Red Oak View Post


    Doing some quick math, Apple would need to sell at least 400 million iPhone and iPads a year at $625 ASP and 25% margin to have a shot at $80 per share



    400 million x $625 = $250 billion revenue x 25% margin = $62 billion profit / 932 million shares = $67 profit per share



    Apple shipped 52 million last quarter. 200 million run rate. So, would take massive growth - doubling sales - to get o the $960. A lot to ask for in 12 months



    Company is on a roll. I expect the iPhone 5 launch will be like nothing we have ever seen



    Pretty sure Apple usually makes margins around ~40% on their products, and rumors recently speculated at 51% margin on the new iPad.
  • anantksundaramanantksundaram Posts: 17,398member
    Quote:
    Originally Posted by TangoZulu View Post


    Pretty sure Apple usually makes margins around ~40% on their products, and rumors recently speculated at 51% margin on the new iPad.



    Please take the time to understand the difference between 'gross margin' and 'profit margin.'
  • anantksundaramanantksundaram Posts: 17,398member
    Wow. Apple up another $15 this morning, mkt cap approaching $550B.
  • granmastakgranmastak Posts: 298member
    The P/E ratio is at a very healthy 16.18.

    If that happens their market cap will be over $1 trillion! Unprecedented!

    I hope they do a stock split soon though...
  • red oakred oak Posts: 559member
    Quote:
    Originally Posted by TangoZulu View Post


    Pretty sure Apple usually makes margins around ~40% on their products, and rumors recently speculated at 51% margin on the new iPad.



    That is the gross margin. The 25% is their net income % after all expenses. It is what is used to calculate the P/E ratio. I believe the actual percentage was 28% last quarter
  • island hermitisland hermit Posts: 6,217member
    Quote:
    Originally Posted by willsydney View Post


    Apple Tim Cook is Gay! Love it



    Sometimes I see comments that are so stupid that I begin to believe that AI has someone post these moronic statements just to get page clicks (which, in itself, might seem like a stupid statement).



    Oh yeah... love that AAPL!!
  • pedromartinspedromartins Posts: 1,333member
    Quote:
    Originally Posted by I am a Zither Zather Zuzz View Post


    What might happen if the Samsung screen production facility were to have a huge disaster? An earthquake or explosion for example? A military attack by North Korea?



    all apple's competitors would be doomed, but not apple itself with their 100billion and the healthier than ever mac. others have no chance but right now apple controls every chance.
  • malaxmalax Posts: 1,598member
    Quote:
    Originally Posted by FriedLobster View Post


    Holy crap



    My words exactly.
  • mj webmj web Posts: 895member
    Little Katy Huberty who put a hysterical sell on AAPL @ 80 gets religion? This woman's head is so far up her butt that her bullish call is prolly a bad omen for Apple.
  • jjjamesonjjjameson Posts: 69member
    Quote:
    Originally Posted by I am a Zither Zather Zuzz View Post


    What might happen if the Samsung screen production facility were to have a huge disaster? An earthquake or explosion for example? A military attack by North Korea?



    LG and Sharp would work as hard as possible to pick up the slack and take in a bunch of new customers? Or do you somehow presume only Apple would be effected by this?
  • shaun, ukshaun, uk Posts: 1,050member
    This reminds me a lot of the stock runs we used to read about in the last century.



    Why do I get the feeling that the bankers/analysts are constantly talking up the stock to force it up and up before eventually they cut and run making huge profits in the process.



    I know absolutely nothing about stocks and shares but this looks like a train crash waiting to happen to me. Maybe not now but at some point. Must be a nice ride while it lasts though if you have the stock which sadly I don't.
  • tangozulutangozulu Posts: 2member
    Quote:
    Originally Posted by Red Oak View Post


    That is the gross margin. The 25% is their net income % after all expenses. It is what is used to calculate the P/E ratio. I believe the actual percentage was 28% last quarter



    Gotcha. Sorry for the confusion.
  • red oakred oak Posts: 559member
    Quote:
    Originally Posted by TangoZulu View Post


    Gotcha. Sorry for the confusion.



    No problem!
  • syracusesyracuse Posts: 73member
    Quote:
    Originally Posted by cvaldes1831 View Post


    AI never seems to point this out (MacRumors is now pointing out Gene Munster's unreliability), but Katy Huberty is one of the worst AAPL analysts and certainly isn't a star-rated analyst per StarMine.



    AI readers should categorically toss all AI articles with references to Munster, Shaw Wu, Huberty, and a a few others into the circular bin.



    Without the caveat emptor, they are worthless. As a matter of fact, it might be better to take an opposite position from what those "anal-ists" are predicting since they have garnered a track record in piss-poor accuracy.



    She is cautious, like Apple's Mgmt, with the quarterly #s. Nothing to get in a huff about. If you read her research she has been bullish on Apple for several years.



    Predicting quarterly earnings estimates is just a small part of the job of an equity analyst at a large Investment Bank.
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