A veteran Apple watcher raises his price target from $280 to $375 per share
A lot has changed since Needham's Charlie Wolf published his last Apple (AAPL) valuation back in February 2010, and in note to clients issued Monday he rattles off the things that have surprised him most:
Explosive iPad sales. "We forecast that iPad sales would reach 20 million in 2019, the final year in our valuation exercise. iPad sales MOREPhilip Elmer-DeWitt - Aug 9, 2010 8:27 AM ET
London's new Covent Garden store proves once again that Apple can pull in the crowds
Before we talk about numbers, you might want to check out the video at right (and on YouTube here) shot 10 minutes before Apple opened its newest and biggest store, in London's Covent Garden.
This is not London's first Apple Store. In fact, the city already had three others, including one on Regent Street that was, until MOREPhilip Elmer-DeWitt - Aug 7, 2010 9:26 AM ET
Needham & Co.'s senior analyst explains how Apple outgrew the PC market seven fold
Needham's Charlie Wolf was as surprised as anyone when Apple (AAPL) reported that it had sold a record 3.05 million Macintosh computers in its fiscal fourth quarter -- a 16.4% increase compared with just 2.3% growth in the PC market.
The estimate Wolf had filed -- 2.63 million units for the quarter -- was one of Wall Street's MOREPhilip Elmer-DeWitt - Dec 1, 2009 11:08 AM ET
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