Steve Wozniak Believes Apple Shares Will Hit $1000

[applerocks]

The thing is the stock market is run by people who look at things like P/E ratios, not blind Apple hatred like people here. And like it or not Apple is making money faster than any other company out there today. If they keep going at this rate, I dont doubt they will make it to $1000/share sometime next year. No one else has figured out that the VAST majority of people of there dont want to buy based on hardware feautre specs, they want SIMPLE TO USE. Ok so everyone give me a thumbs down know for pointing out the truth. Sorry.

 

[blackened144]

[citation][nom]applegetsmelaid[/nom]Here is a contradictory statement from Mr. Woz:http://www.tomsguide.com/us/Steve- [...] 13911.htmlStop listening to these goons.[/citation]
What is contradictory about it? All I got from that article was that even though he wishes his iPhone could do everything that his other phones could do, the iPhone still his primary phone.. It says nothing about stock prices never hitting $1000.

 

[freggo]

[citation][nom]ap3x[/nom]Apple does not hold a leadership position in any key market? What planet are you from again? There is not a single Phone, Tablet, or Music player out there that is outselling the iPhone, iPad, or iPod. Does not matter if you like it or not, it is fact.[/citation]

2011 Q3 Sales figures :
Adroid 46.8M
Symbian 23.8M
IOS 19.6M

Apple holds currently approx. a 20% market share in Smart Phone sales.
That's a lot of phones ( and at high profit margins). But past experiences in every market have shown that high margin, high price products can not sustain a high market share or we would all drive a Mercedes or Porsche instead of a Kia or Chevy.

Apple will eventually (24-36month) run out of steam and than the stock will tank.

Hey, I predicted the real estate crash ( and all my -now broke- friends laughed).
Let's see if I can make it 2 in a row 🙂