Jan

13

AAPL to 1000/sh, from Ken Drees

January 13, 2011 |

The first paragraph of this article "Could Apple Hit 1000" reminded me of a spec post recently using the XOM measure:

" OK, I give up. Apple $1,000?

Eighteen months ago I questioned whether Apple stock could keep up its amazing momentum: "Over the past five years the stock has gained an average of 56% a year, an extraordinary achievement," I wrote. "For the shares to rise at a similar rate from here would take it to $1.25 trillion by 2014. Even to grow at a more modest 20% a year would take it to $333 billion-more valuable than Exxon Mobil (NYSE: XOM - News) today


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