No. of Recommendations: 2
AAPL broke through $600 today, a 50% increase since the start of the year. Frankly, I thought it would take at least 6 months to reach $525 but now the question is: How long until AAPL breaks $800. The dividend and stock buyback will help a tiny bit but the best incentive for goosing investor interest is, as always, sales and earnings growth. I'm looking for minimum earnings growth of $42 in 2012, $50 in 2013, and $60 in 2014 on sales of $140B, $165B, and $200B in 2012/2013/2014, respectively. These numbers can climb to even higher levels when/if AAPL scores with an OS-compatible TV set capable of doing all the usual things plus, video conferencing. There's a reason why the iPhone, iPad and MacBook products all contain a high-res camera.

With an earnings multiple of 15 AAPL has a chance to break $750 within 18 months and...Holy Cow...$1000 by the end of 2014. Remember, you read it here first.

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