28 Dec '12, 8pm

Apple Still On Track to $1000 Estimate; Reader To Make $100 Million

Apple Still On Track to $1000 Estimate; Reader To Make $100 Million

While there's no way to prove it, I'm sure that my coverage of Apple drove a lot of sales and investment. Some readers have written to thank me. The best example I can site is a Madison Ave icon who invested $7.5 million in stock after seeing my early 2006 analysis. Six years later, his gain is near $40 million even after the current dip. He understands that the reason for the dip is due to institutional trading and has no bearing on the valuation of the company or outlook for its future. He too believes that a $1000 target is achievable. When that happens he will see $7 million grow to $100 million.

Full article: http://fragerfactor.blogspot.com/2012/12/apple-still-on-t...

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