Is Apple Worth $741 Per Share?

Apple (NASDAQ: AAPL  ) investors have had to spend the past few months scratching their heads and watching one of the most treasured stocks on the market slowly erode away from the $700-per-share range to around $500, seemingly without reason. But the average price target projected for Apple is $741. Will investors ever see the $700s again? In this video, Motley Fool tech and telecom analyst Eric Bleeker breaks down price targets in the tech sphere and tells you how long we may have to wait before Apple's resurgence.

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  • Report this Comment On December 29, 2012, at 9:59 AM, techy46 wrote:

    No, $640 a share!

  • Report this Comment On December 29, 2012, at 12:32 PM, fauxscot wrote:

    happypoordays, i'd like to welcome you to a year where you will be happy again, with this stellar comment. not sure why you feel compelled to speak in generalities and over-simplification (though the latter seems predictable now that i review what you wrote again...)

    where is your evidence that apple is dumping phones? could it be the discounting that walmart independently did on their own? you do know, i trust, that wal-mart could give them away for free and apple still gets paid full price? if you don't know that, you need to trade in that commodore pet you are using and get something that lets you do a more thorough job of research.

    and if IOS is boring, to me at least (a win7 user) it's less boring than the DAILY OS updates MS sends me. It's less boring than an OS that you are never sure will boot twice in the same manner or still be "windows genuine advantage" legal in three years.

    no, you should short apple with every cent you have. post the results, perhaps alongside all of your other career accomplishment that approach those of Mr. Cook. that should prove enlightening.

    Apple 700+, folks. when shining lights like happypoordays weigh in on the downside, you know that it's time to buy in and buy heavy.

  • Report this Comment On December 29, 2012, at 2:09 PM, cpemail wrote:

    If that is the question now, the question in August 2013 will be if Apple is worth 300, and the obviouse answer is NO.

  • Report this Comment On December 29, 2012, at 2:59 PM, cpemail wrote:

    300 billions out of Apple's 500, are other people 401k money, now when they realize that they've lost 25% in the past 3 months, and they will look to change to other funds, the investors will have to look for the exit door.

  • Report this Comment On December 29, 2012, at 5:10 PM, deasystems wrote:

    I've got to agree with cpemail: I think we'll be asking the question in August 2013 if Apple is worth 300, and the obvious answer is NO, it's worth 1,300.

  • Report this Comment On December 29, 2012, at 7:24 PM, jaffauk wrote:

    Nope. Apple's share price is a joke, anyone still in with any sense will be getting out. Apples astonishing success over the past 5 years was about having a technical & marketing lead which drove unusually large margins. Neither the market share nor the margins are sustainable because the other players have overtaken on the technical front.

    Don't bank on 'Apple TV'. Iphone was the killer product because the devices are 'subsidised' by the network (actually the end user still pays but its deferred so the pain is reduced), so Apples ridiculous margin was hidden from the customers, ipad isn't nearly as lucrative. There's no other tech product where expensive hardware is 'subsidised' in this way, TV isn't, the box may be 'free' but that's cheap to produce. There's nowhere for Apple to go but down.

  • Report this Comment On December 30, 2012, at 12:22 AM, NYCOMPOSER wrote:

    Do you honestly think a China Mobile deal won't be made in a luxury/status-hungry consumer society like China?

    If you believe it will be made, which I do, you'd have to believe the Apple story ain't over by a long shot.

    Oh-and as someone who owns an iPad2, thinks it's great for a lot of things but too heavy as a book reader-well well well, an iPad Mini. Think that's selling any units?

  • Report this Comment On December 30, 2012, at 6:27 PM, EmergingGrowth wrote:

    If you want potential big upside, Nokia now is a stock to consider. The stock has come down more than 90%. Now, the stock is only below $4, and it used to be over $60.

    Many catalysts, such as China Mobile deal, RIM´s continuous royalty payment, the coming Verizon´s

    team work with Nokia etc. make Nokia a BUY!

  • Report this Comment On December 31, 2012, at 9:10 AM, PeterC89 wrote:

    If you speculate that Apple wil hit $700 again, by all means go all in like fauxscot and Eric Bleeker. These 2 probably have 1/2 of their 401k in AAPL. Given the competitions from Samsung and the late arrival of Nokia, this golden fruit is about to fall from its tree. If you haven't, go to an att store and play around with the Lumia 920; you'll be amazed. Plus, it's at least twice as cheaper than the iphone 5 with a wider screen to begin with.

    Happy New Year to all and be safe.

  • Report this Comment On December 31, 2012, at 9:14 AM, PeterC89 wrote:

    @EmergingGrowth

    Nokia is also getting royalty from Apple. They're getting a one time fee of $65 mil plus royalties from their latest suit again RIMM. Rumor has it that Nokia might go after some Android devices also.

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