AAPL Stock: 113.99 ( + 1.98 )

Printed from

Analyst: AAPL at $140; 5M iPhones in 2007

updated 01:00 pm EDT, Tue June 5, 2007

AAPL target set at $140

Credit Suisse analyst Robert Semple on Tuesday raised his target price on Apple Inc from $120 to $140 a share, according to MarketWatch. In a his research note to clients, Semple said he believes that "the iPhone 'will elicit a superior perceived value' compared to other mobile phones due to factors such as its technical superiority and the idea of consumers to own a 'hot product'. Semple estimates that Apple will sell 5 million iPhones in 2007 and 15 million of the devices in 2008. Apple plans to release the iPhone on June 29.

by MacNN Staff





  1. Bill in Providence

    Joined: Dec 1969


    Nice work...

    Gee I wish I could get a gig at ten times my current salary to occasionally state the obvious and place bets with other people's money.

  1. eldarkus

    Joined: Dec 1969



    dont forget raising your price to match others... Well, my target price is $120 for Apple.. but AAPl is at $122 today. I better change that!

  1. hokizpokis

    Joined: Dec 1969


    out on a limb...

    yeah I concure,

    but my price target for AAPL is $500 per share, in 60 months time...

Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines


Most Popular

MacNN Sponsor

Recent Reviews

DoxieGo Portable Scanner

Sometimes, people need to scan things, but having a computer at hand to do so isn't exactly feasible. Maybe it's the home of a relat ...

Dell AD211 Bluetooth speaker

For all of the high-priced, over-engineered Bluetooth speakers in the electronics market, there is still room for mass-market solution ...

VisionTek 128GB USB Pocket SSD

USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...


Most Commented