Apple Stock Predicted To Hit $1,000 Driven By 4G LTE IPhone 5, Enterprise IPad Adoption And Emerging Markets

Posted: Mar 14 2012, 5:12am CDT | by , Updated: Mar 14 2012, 8:10am CDT, in News | Apple

Apple Stock predicted to hit $1,000 driven by 4G LTE iPhone 5, Enterprise iPad Adoption and Emerging Markets

AAPL is trading at close to $570 right now. Morgan Stanley analyst Katy Huberty predicts in a best case scenario that Apple stock will touch $1,000 within a year.

The Apple stock is on a roll right now. Yesterday it closed at almost $570. The launch of the new iPad is likely pushing the stock over $600. According to Fortune, Katy Huberty with Morgan Stanley sees the AAPL stock at $960 within a year in the bull case. Her base case is at $720 and when the disaster strikes the Apple stock is down at $400.

Huberty sees the adoption of the iPad in the enterprise, an LTE iPhone 5 and the still untaped market potentials of China and other emerging markets as the main driver for the Apple stock value.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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