Record breaking Apple Price target now at $500!!!!

Daniel Ernst from Hudson Square Research upped apples price target to an astonishing $500.

By early next week after apples earnings I wouldn't doubt seeing price targets go as high as $600 or even $700, hey maybe even a $1000.
 
Every analysts keeps upping their target on the tablet, said today over 50 million will be sold in 2011, I mean doesn't a market become saturated at one point or another. There are going be a dozen more tablets on the market between now and 2011, this is certainly going to take away apples share of the 70-80% of the pie they already own.
 
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