Cramer: Apple Will Hit $300, Net Applications: Apple’s OS Exceeded 8%
Jim Cramer’s 10 Predictions for 2008 include Apple shares reaching $300 and Google hitting $1000, SeekingAlpha reports. Considering that some analysts have predicted $450 or even $600 for Apple in the next 12 to 18 months, Cramer’s prediction seems modest.
Net Applications reports that Apple’s market share for the Mac rose to 7.31% in the month of December from a previous high of 6.80% in November. Additionally, Apple’s market share rose to 8.01% in the December 30-31 period. Net Applications also reports that they may have actually understated Apple’s market share due to visitors using Windows on Mac hardware, which they presumably have difficulty detecting.