Monday, May 14, 2007 at 10:56 AM | Posted by kazouz
Last week, I predicted that Apple’s stock price would gain between 6 and 7 points prior to the iPhone’s release. Well, last week saw that gain. I’m confident that the stock will rise again this week, and each week until the iPhone’s release.
As I mentioned, I have owned the stock for many years and pride myself on knowing its trends. I believe that by the time the iPhone hits the market next month, the stock will be around $120.
So many analysts are predicting gains for Apple as a result of the iPhone, but I don’t think they know how much of an impact it could have. Apple’s new gadget has created such as buzz and is anticipated by so many of the people I know, who are not even fans of their computers.
This phone would be the real bridge to the PC market. Even those whom I have spoken to and tried to (unsuccessfully) convince buying an iPod, are interested in the iPhone. I am very confident that there’s a much higher demand for the unit than most are predicting.