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Thread: RBC Says $525 is AAPL's New Target Share Price

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  1. #1
    MMi Staff Writer Michael Essany's Avatar
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    Default RBC Says $525 is AAPL's New Target Share Price


    On January 9th, MMi reported that Goldman Sachs is keeping a buy rating on Apple (AAPL) shares with a new upside price target of $550, $30 higher from Goldman's previous target price of $520.

    With shares of AAPL presently trading just south of $430, investment bank RBC is similarly getting on board the bullish train.

    On Wednesday, RBC raised its price target for shares of Apple from $500 to $525 largely in response to strong anticipated iPhone sales and the solid fiscal pace set by the tech giant to start off the new year.

    Analyst Mike Abramsky believes Apple will show $40.2 billion in revenue and $11.00 earnings per share next Tuesday when Apple reports its hotly anticipated earnings.

    Abramsky thinks Apple sold 32 million iPhones in the December quarter, as “global checks indicate unprecedented iPhone sell-through, with stock-outs in multiple regions.”

    Source: Barron's

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    Livin the iPhone Life BenderRodriguez's Avatar
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    Your messages are full Michael, here:

    Article @ Cult of Mac

    http://www.cultofmac.com/141137/inst...reak-required/

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    iPhone? More like MyPhone
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    Wow, and all this time people said the 4S was a bad idea.

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    Theme Modder iZangetsu's Avatar
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    What I wanna know is, all the news posted on here every day all day, Why has no one posted an article about the SOPA & PIPA Bill they trying to push through Congress? You guys do know that if it passes stuff like ModMyi, and the whole Jailbreak community will be effected right? US users go to Google and sign the petition.

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    The Basketball Guru punjabi212's Avatar
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    Blackout ModMyI until 12:00 am ET
    Last edited by punjabi212; 01-18-2012 at 02:29 PM.

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    Livin the iPhone Life BenderRodriguez's Avatar
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    It's 3:20pm dangit!!!!

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    The One and the Only (retired secret moderator) iPod's Avatar
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    Quote Originally Posted by iZangetsu View Post
    What I wanna know is, all the news posted on here every day all day, Why has no one posted an article about the SOPA & PIPA Bill they trying to push through Congress? You guys do know that if it passes stuff like ModMyi, and the whole Jailbreak community will be effected right? US users go to Google and sign the petition.
    +1

    secret moderator... Please hit that THANKS button over there if I helped you in any single way

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    Livin the iPhone Life iNT3Rv3NTiONZz's Avatar
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    Quote Originally Posted by iZangetsu View Post
    What I wanna know is, all the news posted on here every day all day, Why has no one posted an article about the SOPA & PIPA Bill they trying to push through Congress? You guys do know that if it passes stuff like ModMyi, and the whole Jailbreak community will be effected right? US users go to Google and sign the petition.
    +1 and I'm from uk!

    iPhone4 16gb black - 4.1 Limera1ned
    iPhone 3G 16gb white - 3.1.2 jailbroken
    Blackra1ned
    THANKYOU ONCE AGAIN GEOHOT!

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