Apple Computer Inc. hits $70

dots Posted on November 28, 2005 , filed under Stocks | Print This Post

AAPL, Apple Computer Inc. has hit my $70 price target. On September 27th, 2005, I wrote an article titled Apple Computer Inc. Predictions about AAPL’s long term prospects and price targets. On September 27th, 2005, AAPL was trading at mid $53’s. A brief summary of what I wrote is below.

Point blank though, the company is becoming too reliant on the iPod. The bulls will drive the price of the stock up further due to greed.

My end of year price target for AAPL is $70
My predicted all time high for AAPL is $80
My predicted long term price for AAPL is $25-30 in 2-3 years

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