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Mac Discussion Thread About, Apple Shares Will Hit $500 |
Why Apple Shares Will Hit $500 This Year By Douglas McIntyre (DailyFinance) 05:59:19AM (DST) Friday,April 22,2011. Apple's (AAPL) earnings per ...
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Mac Discussion Thread About, Apple Shares Will Hit $500 |
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04-22-2011, 02:59 AM
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Apple Shares Will Hit $500
Why Apple Shares Will Hit $500 This Year
By Douglas McIntyre (DailyFinance) 05:59:19AM (DST) Friday,April 22,2011. Apple's (AAPL) earnings per share nearly doubled to $6.40 in the last quarter, and revenue rose 83% to $24.7 billion -- and the figures for Apple's previous quarter were almost as good. But Apple's shares are only up 11% in the last six months, a growth rate that trails the Nasdaq's 13% rise over the period. Even the stock of also-ran smartphone maker Research In Motion (RIMM) is up by about the same percentage as Apple's over that time frame. But things may be about to change. Apple's stock may even hit $500 by the end of this year, which would be a 42% improvement.  More-->Why Apple Shares Will Hit $500 This Year - DailyFinance --------------------------------------------------------------
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