{"s" : "aapl,t,vz","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""}
On Tuesday February 8, 2011, 1:28 pm ESTAnalysts have had three weeks since Apple (NasdaqGS:AAPL - News) reported its best quarter ever to breakdown the results and the verdict is finally in: Apple should be the most valuable company on earth.
Since the Jan. 18 report where Apple said it sold a record 16 million iPhones last quarter and nearly doubled the sales of iPads, at least five firms have raised their 12-month forecast on the stock to an average price of $467, or a 32 percent increase from here. At that level, Apple's market value would total $433.7 billion, flying past Exxon Mobil's current market value of $423.2 billion.
After underestimating iPhone and iPad sales for the last year, analysts as a group have ratcheted their numbers up for Apple this year more than any other technology company, according to analysis by Bespoke Investment Group.
Thursday, February 10, 2011
Apple Is Most Valuable Company on Earth: Analysts
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment