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Apple's share price expected to reach $1600 |
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#1 |
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Forum Member
Join Date: Mar 2002
Location: In the future....
Posts: 11,259
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Apple's share price expected to reach $1600
Apples share price may reach $1600 in 3 years according to analysts. Apple's present share price is around $670.
This would make Apple worth more than many countries! Personally I doubt it but with heard mentality of their followers who knows. http://m.cnbc.com//id/49008812 |
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#2 |
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Forum Member
Join Date: May 2012
Location: Scotland
Posts: 1,274
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That's the thing. the share price is almost independent of what they do as a company.
People want to buy Apple shares because they keep increasing in value and they keep increasing in value because people want to buy them. All Apple need to do is not screw things up (ie stay profitable - not hugely difficult when people will buy stuff based solely on your brand name) and the share price will take care of itself. |
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#3 |
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Forum Member
Join Date: Aug 2005
Posts: 4,214
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Quote:
That's the thing. the share price is almost independent of what they do as a company.
People want to buy Apple shares because they keep increasing in value and they keep increasing in value because people want to buy them. |
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