Apple shares over $600?
November 9, 2007
Fund manager Stephen Coleman, of Daedalus Capital LLC, makes a bold prediction that shares of Apple “will reach $600 in 18 months.” His prediction is partly based on strong sales of iPhone plus “a cut of monthly wireless service fees from AT&T” valued somewhere between $10-$20 over a 24 month contract period. I wonder what 3 iPhone models would do to Apple’s bottom line and stock price.
D.S.
via MacDailyNews.com
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