Apple shares over $600?

November 9, 2007 at 4:04 pm Leave a comment

     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.



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Entry filed under: iPhone. Tags: , , .

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