How Much Higher Can Apple Go?

Stephen Rosenman submits:

Does AAPL go higher after the iPad arrives in the stores? Or does AAPL sell off after the hype dies down? After all, how much higher can AAPL go? Let’s see what other products have done for AAPL and its share price.

The iPod launched in 2001. At the time, EPS was -6 cents. By 2005, EPS reached $1.56 in large part due to the iPod. Apple’s share price went from $10 to $72.


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