I think as of now this is the highest Price target given to AAPL.
Piper Jaffray's Gene Munster raised both his Apple (AAPL) price target (to $390 from $371) and his estimate for 2011 iPad sales (to 21 million from 14.5 million).
Right now AAPL is touching down on all cylinders, who knows how long this can last since they are the biggest tech company right now. They do own a very large share of the tablet market, but that will soon drop off as more competitors enter the playing field. Aside from that the bigger they are the harder it gets to grow as fast as they did since the release of the first ipod, it will be very interesting as years go buy to see how challenging growth gets for the biggest tech company in the world.
Piper Jaffray's Gene Munster raised both his Apple (AAPL) price target (to $390 from $371) and his estimate for 2011 iPad sales (to 21 million from 14.5 million).
Right now AAPL is touching down on all cylinders, who knows how long this can last since they are the biggest tech company right now. They do own a very large share of the tablet market, but that will soon drop off as more competitors enter the playing field. Aside from that the bigger they are the harder it gets to grow as fast as they did since the release of the first ipod, it will be very interesting as years go buy to see how challenging growth gets for the biggest tech company in the world.
