Apple's Decade: How It Can Hit $500

[MacBytes]

Category: Opinion/Interviews
Link: Apple's Decade: How It Can Hit $500
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Posted on MacBytes.com
Approved by Mudbug

[Little Endian]

I can see Apple hitting the $500 mark in the next 3 years or so. Hindsight is always 20/20 though, had I put $100k in apple 9 years ago when they were trading at about $7 a share I would be a multi-millionaire. $500 per share is very realistic but far from impressive when considering the gains Apple has seen over the last decade or so. I think Apple is still a relatively safe investment however from a standpoint of aggressive growth there are probably much better options.

[winmacguy]

Originally Posted by Little Endian

I can see Apple hitting the $500 mark in the next 3 years or so. Hindsight is always 20/20 though, had I put $100k in apple 9 years ago when they were trading at about $7 a share I would be a multi-millionaire. $500 per share is very realistic but far from impressive when considering the gains Apple has seen over the last decade or so. I think Apple is still a relatively safe investment however from a standpoint of aggressive growth there are probably much better options.

I put everything I could into Apple in 2005. It's looking pretty good right now