Wednesday, January 21, 2009

Apple (AAPL) New spread

Based on the earnings info, I'm going to expect an annual EPS target of 5.95 and a target sale price of $98.50.

I think the recession effect on iPhone sales (and Mac books and Mac products) will be minimal.

Rating: TBD based on after hours trading but let's face it... It's probably a hold at this point.

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