Gene Munster, Senior Research Analyst, Piper Jaffray (Disclosures)
Yes, Apple Can Go To $1,000 A Share (6 min)
- This is now “the decade of mobile,” and Apple can become the global smartphone leader
- Yes, Apple can maintain its incredible growth rate, even though it’s huge
- There’s an explosive growth opportunity for Apple as products reach lower price points
- The app development platform is definitely favoring Apple
- Apple won’t crack corporate America, but that’s not where the huge mobile money is
- Gene cannot put a specific long-term price target on Apple, but it’s better positioned than any other hardware company to grow over the next 5 years
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