[qi:109] Bolstered by the news of upcoming movie rentals via iTunes, hot selling Macbooks and iPod Touches, Apple just blasted past the $200 a share. So where does it go next?
“There’s so much growth to look forward to for the iPhone,” said Stephen Coleman, chief investment officer at St. Louis-based Daedalus Capital LLC, which owns about $7 million of Apple shares. He projects the stock will hit $600 in 18 months. (via Bloomberg)
Seems like a case of too much egg nog! Or Not! This has been a good year for Apple believers – the stock is up a whopping 138%. In comparison, Google, the other stock market darling is up a mere 54%. But you already knew that!
{"source":"https:\/\/gigaom.com\/2007\/12\/27\/how-high-can-apple-go-600-a-share\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_e82f400bc023396c059f5112385bd40b","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}