Merrill Lynch , noting a survey of U.S. retailers showed strong demand for its higher margin Photo iPods and Mini iPods as well as iMacs and accessories which the broker said were all selling "very well." The broker upped its share price target to $77 from $66 on a raised FY 2005 revenue forecast of $11.1bn (was $10.9bn) with an EPS EPS for the year at $1.40, up 10c.
Comments
I'll just up my estimate of AAPL to 2 dollars over what it closed on the previous day
All these analysts jumping on the bandwagon makes me think that I should sell soon...
Why aren't you one then, if the money is good and job is easy?
Usually, AAPL creeps up as Macworld approaches and then afterwards, drops like a led balloon. I think this year will be different. Watch all these stock predictors, who normally don't give Apple a fair shake, send the stock soaring with news of newer products.
I hope Apple has some fabulous toys this January.
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Fresh-Faced Recruit
Joined: Aug 2001
Opened @ 69 a share today
68.93 to be precise...
Maybe $100 a share isn't so far fetched after all?