Apple Stock to be $1000/Share 1Q2013?

Discussion in 'Apple, Inc and Tech Industry' started by onepremiere, Jun 6, 2012.

  1. onepremiere, Jun 6, 2012
    Last edited: Jun 6, 2012

    onepremiere macrumors regular

    Joined:
    May 16, 2012
    #1
    First let me point out that I lack quite a bit of knowledge of the stock market. So take what I've blurted out with a grain of salt, I am spit-balling here.

    It’s been some time now since we've seen any kind of major update from Apple. The computer hardware took a back seat when iPhone and iPad atom bombs dropped.

    With that said, I believe more and more people are making educated purchases based on the trends in Apple's updates, and new product releases. Though Apple has thrown a curve-ball here and there, I've learned that more and more people are paying attention to Apple's agenda, or I should say speculation of Apple's agenda; keeping an allocation of money away for the "next-one".

    Apple’s stock has been bouncing between $550 and $600 over the last few months. If these speculations hold any water at all, I think we are going to see $1000/share by the first quarter of 2013. With a major update to all of the computer hardware, another phone and the KO punch, a TV. I believe we are going to see a feeding frenzie from all those who have either been waiting to upgrade, the gotta-have-it or those who want a new ______. I would be surprised if it didn't make it to $1000/share.

    Personally, I've been waiting to upgrade my: 24" iMac, Gen 1 iPad, iPhone 4 and possibly add a laptop in there for work. I didn't jump on the 27" iMac simply because it came out 60 Days after I bought the 24". That is what woke me up, and motivated me to be a little more educated when making those types of purchases. I didn't opt for the iPad 2 or 3, because honestly the updates didn't justify spending the money when my current iPad was doing everything I asked it to do, and nothing really excited me about the new ones. Then there is the iPhone, the 4S, what a letdown that was. I was about to sign-off Apple for good. The iPhone 4S was corporate sand-bagging at its best. Just enough spark to keep Apple in the spotlight, and on your mind.

    We will see what happens.

    -Jeff
     
  2. greg555 macrumors 6502a

    Joined:
    Mar 24, 2005
    Location:
    Canada
    #2
    Apple's biggest margins are on the iPhone so Apple's profits are largely (don't know the percent) driven by iPhone sales. Next profit driver is iPad I think so as long as phone and iPad sales keep booming (increase faster than the analysts expect) the stock price will go up.

    Any miss on iPhone or iPad sales will drive down the stock price at least until Apple blows by the estimates again.

    Other products will have a smaller effect on the stock price I'd think.
     
  3. malman89 macrumors 68000

    Joined:
    May 29, 2011
    Location:
    Michigan
    #3
    AAPL has been down quite a bit as of late and if the 13" MBP spec leaks are true, those aren't really going to wow investors. Sure, they'll sell like hot cakes for back to school, but the stock will dip even more before it goes up. An amazing 15" MBP and/or iPhone release would offset that though.

    So in short, doubt it.
     
  4. G51989 macrumors 68030

    G51989

    Joined:
    Feb 25, 2012
    Location:
    NYC NY/Pittsburgh PA
    #4
    This makes me wonder.

    I know SO many people, who would be interested in a Mid Tower Mac, and yet Apple won't make one.

    Totally untapped market.
     
  5. Jackintosh macrumors 6502a

    Jackintosh

    Joined:
    Mar 21, 2009
    Location:
    Illinois
    #5
    $1000 by 1st quarter 2013 is stretching it. There's a lot of competition in the market that's catching up with Apple at more comptetitive prices. I think even at $600 Apple has gotten a bit ahead of itself. And the economy is still lagging with less discretionary spending.
     
  6. onepremiere, Jun 7, 2012
    Last edited: Jun 7, 2012

    onepremiere thread starter macrumors regular

    Joined:
    May 16, 2012
    #6
    You make a good point here. Samsung seems to be full steam ahead. I just purchased 2 Samsung LED TV's for my house, and let me say I am more than impressed. Not only is the picture quality is outstanding, but the clean slim design is nice as well. They were also under $1000 each!

    All good point here, I’ve also read a lot of speculation about what’s to come from Apple. The "wow" factor seems to be losing momentum. That's a pretty moot point considering what they've done so far, but the public is now desensitized to all of this revolutionary technology and expects more; faster.

    So I guess the bottom line is, unless we see a curve ball. Something that all the rumors have missed, something different, it may not reach that $1000.

    I am really interested how the rest of the year is going to play out for them.

    IMO they need to stop burning bridges and focus on the products! Which I am sure they are doing, just leaves a bad taste in my mouth when Apple flex's its muscle; and I know it's in the interest of protecting the company, but come on. Is it really benefiting anyone by dragging these things out?
     
  7. onepremiere thread starter macrumors regular

    Joined:
    May 16, 2012
    #7
    Well, after Monday, I don't think the stock will touch my prediction.

    The noises your heard after the keynote wasn't cricket’s, it was Steve rolling over in his grave.
     
  8. malman89 macrumors 68000

    Joined:
    May 29, 2011
    Location:
    Michigan
    #8
    Well then he would be annoyed with his own decisions and product development. I'm sorry your idol is not infallible, even in death.
     
  9. Liquorpuki macrumors 68020

    Liquorpuki

    Joined:
    Jun 18, 2009
    Location:
    City of Angels
    #9
    If Apple transforms the TV market, nobody will care about that keynote.

    I don't know if it'll happen by 2013 and I don't know if they're gonna actually do it right, but if they do kick out all the cable providers, your $1000/share is a possibility
     

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