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Apple stock seen hitting $718 on sales of 60M iPads, 134M iPhones in 2012

post #1 of 7
Thread Starter 
Record sales of 60 million iPads and 134 million iPhones in calendar 2012 will help push Apple's stock price up to $718, a new forecast predicts.

Analyst Gene Munster with Piper Jaffray upped his price target for AAPL stock to $718 on Thursday, a day ahead of the new iPad launch in the U.S. and 9 other countries. Munster previously predicted that Apple will sell at least a million of the new iPad in the first 24 hours.

This year, he believes Apple will sell a total 60 million iPads, which would be a nearly 50 percent increase from the 40.5 million tablets Apple sold in 2011. By 2015 he expects Apple will sell 176 million iPads in a single year, while still controlling 60 percent of the market.

"With the launch of the third generation iPad, we believe Apple has positioned itself to continue to lead in tablet market share as competitors have struggled to release compelling products, even at reduced price points," Munster wrote.

He also believes that Apple will sell a sub-$300 iPad with a smaller display in calendar 2013, a theory supported by numerous reports indicating that Apple is exploring the use of 7.85-inch displays for a new iPad model.

Accordingly, he has raised his price target for AAPL stock to $718, up from $670. The adjustment came on a day when Apple hit record highs, briefly touching the $600 mark in morning trading before falling back.


Customers lined up outside Apple's Fifth Ave. store on Thursday. Photo credit: AppleInsider reader Ryan.


As for the iPhone, Munster's models call for Apple to sell 134 million units this year, up from the 93.1 million the company sold in 2011. By 2015, he expects Apple to sell a whopping 385 million iPhones in one year, taking 33 percent of the smartphone market.

The analyst expects Apple will launch a redesigned, 4G LTE-capable sixth-generation iPhone in the September quarter of this year, while also continuing to sell previous models at reduced prices. Munster's updated models now call for the iPhone to grow faster than the overall smartphone market.

[ View article on AppleInsider ]
post #2 of 7
718,05 $ ?
post #3 of 7

Customers lined up outside Apple's Fifth Ave. store on Thursday. Photo credit: AppleInsider reader Ryan.


A word to the wise:

Mall*Wart is going to start selling them at 12:01 AM. It is just nuts to wait outside an Apple Store, unless that is how you get your kicks.

If you want the product quickly, it is not your best option.
post #4 of 7
The recent AAPL $548 - 516 Ride should have been another blatant lesson for the AAPL Investors not to engage in the Game Of Musical Chairs, trying to outsmart others… And here we go again, Mar 15, 2012, Another $22 Spread Ride today…

http://www.google.com/finance?client=ig&q=NASDAQ:AAPL

AAPL 585.56 -4.02 (-0.68%)
Range\t578.55 - 600.01
52 week\t310.50 - 600.01

Even if Apple was never to introduce a TV Set, with just iPhone and iPad + Macs, of course, they can coast on Repeat Rinse Yearly Upgrades of those Products, AND… making the Mac OS and iOS more robust, solid, integrated Echo System that is a Joy to its users! So, $700 - 1,000 is not IF, but a matter of HOW SOON!!!!

TV Set or Apple TV little Box, Apple WILL go into a TV Space in a Big Way! That will only increase the Size and the Power of the Mac + iOS SNOWBALL EFFECT!!! The world is still bigger than just China and India where Apple is just scratching the surface….

The AAPL Speculators can't see all that, because they are probably too busy listening to the Talking Heads on TV, and those folks are probably not too technical, with all their MBA's, or Lawyer, or whatever Diplomas… Some of them are probably guilty of Pump and Dump, Talking AAPL Down so that they themselves can buy it cheaper when enough AAPL Investors get scared, and thus shaken out!!! It's a Legal Robbery that can't be stopped!!!

The True Apple People saw this coming YEARS ago, and now they are getting rewarded for it! Bravo and Congratulations!!!

Congratulations to those who bought AAPL today at $578! Maybe someone will be even luckier at a lower price, but… We are all soon going to lament the day when AAPL was below $600, then $700 etc…. Coulda - Shoulda, we all saw that "Movie" at $200, 300, 400, 500...

Retina TVs would be nice, after all Macs have Retina Screens, SSD, Thunderbolt, 24hr Batteries, Waterproof!!!!

Happy Spring to all  loyalist… !

 

Go  Apple, AAPL!!!

Reply

 

Go  Apple, AAPL!!!

Reply
post #5 of 7
Quote:
Originally Posted by macologist View Post

The recent AAPL $548 - 516 Ride should have been another blatant lesson for the AAPL Investors not to engage in the Game Of Musical Chairs, trying to outsmart others And here we go again, Mar 15, 2012, Another $22 Spread Ride today

http://www.google.com/finance?client=ig&q=NASDAQ:AAPL

AAPL 585.56 -4.02 (-0.68%)
Range\t578.55 - 600.01
52 week\t310.50 - 600.01

Even if Apple was never to introduce a TV Set, with just iPhone and iPad + Macs, of course, they can coast on Repeat Rinse Yearly Upgrades of those Products, AND making the Mac OS and iOS more robust, solid, integrated Echo System that is a Joy to its users! So, $700 - 1,000 is not IF, but a matter of HOW SOON!!!!

TV Set or Apple TV little Box, Apple WILL go into a TV Space in a Big Way! That will only increase the Size and the Power of the Mac + iOS SNOWBALL EFFECT!!! The world is still bigger than just China and India where Apple is just scratching the surface.

The AAPL Speculators can't see all that, because they are probably too busy listening to the Talking Heads on TV, and those folks are probably not too technical, with all their MBA's, or Lawyer, or whatever Diplomas Some of them are probably guilty of Pump and Dump, Talking AAPL Down so that they themselves can buy it cheaper when enough AAPL Investors get scared, and thus shaken out!!! It's a Legal Robbery that can't be stopped!!!

The True Apple People saw this coming YEARS ago, and now they are getting rewarded for it! Bravo and Congratulations!!!

Congratulations to those who bought AAPL today at $578! Maybe someone will be even luckier at a lower price, but We are all soon going to lament the day when AAPL was below $600, then $700 etc. Coulda - Shoulda, we all saw that "Movie" at $200, 300, 400, 500...

Retina TVs would be nice, after all Macs have Retina Screens, SSD, Thunderbolt, 24hr Batteries, Waterproof!!!!

Happy Spring to all  loyalist !

Added some Shares today at $583. Could go lower in the next week, could go higher, whatever, AAPL is the one company/stock where I feel like it's an "Investment" rather than a "Trade". It's a great price, if it jumps up $100, it's still a great price, considering what's in store this year even, it makes it an even better price.

If there's one thing I learned from Buffet.... it's that if you like a company, and you like the price.... BUY IT. Playing games and trying to penny pinch down to the last bargain cent will make you lose out more often than win (these Shares I bought today were supposed to be bought "if AAPL gets back to $480" when it had just popped over $500.

The Stock is still incredibly cheap, and Earnings will get a nice boost with the new iPad release.

AAPL is an old fashioned Investment, one you can be proud of. You own the best company on earth! Let them work for you, and hope that they continue the amazing tradition of what it is that has made them who they are today.
post #6 of 7
Man, that new cube is just amazing. It's in such stark contrast with the original.

Originally posted by Relic

...those little naked weirdos are going to get me investigated.
Reply

Originally posted by Relic

...those little naked weirdos are going to get me investigated.
Reply
post #7 of 7
The funny thing is that $718 is still too low (IMHO)...

Quote:
Originally Posted by macologist View Post

Even if Apple was never to introduce a TV Set, with just iPhone and iPad + Macs, of course, they can coast on Repeat Rinse Yearly Upgrades of those Products, AND… making the Mac OS and iOS more robust, solid, integrated Echo System that is a Joy to its users! So, $700 - 1,000 is not IF, but a matter of HOW SOON!!!!

Last year I made a somewhat bold prediction, I don't think anyone took me seriously at the time (based on the lack of replies):

http://forums.appleinsider.com/showt...97#post1790097

Note that this prediction was made without the knowledge of any of the "bad" things that happened last year. That said, if Apple can keep the momentum going and there are no further economic or natural disasters this year (the "bull scenario), I think it is still possible. We shall see.
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