Monday, May 28, 2012

Apple Shares To $1,000?

Research firm Piper Jaffray believes Apple shares will hit a value of $1,000 in the next couple of years, based on a refresh of existing product lines and launch of Apple TV devices.

In 2012, Piper Jaffray analysts are looking forward to several “meaningful updates” to core products, including the iPhone and Mac, as well as the introduction of a TV, for shipment in 2013. Those products will, at least in the near term, prove Apple can still innovate at its accustomed high level.

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