Apple Good For $500 Stock Price Even If iPhone Share Slips

We conservatively expect Apple to sell 26 million iPhones in Q4, driven mainly by the holiday season when consumer spending is at its peak. Our $500 price estimate for Apple stock is about 20% above market price.

Source: http://www.forbes.com/sites/greatspeculations/2011/11/04/apple-good-for-500-stock-price-even-if-iphone-share-slips/

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