Eugene David
...The One-Minute Pundit

Wednesday, April 13, 2011

A sales...ANALYST named White belches:

Observers have speculated for years that Apple will enter the $100 billion market for LCD television sets. To date, however, Apple has only flirted with the market with the $99 Apple TV, which Apple Chief Steve Jobs has described as a “hobby.”

That will change the moment Apple unveils a television set.”The
[SIC] combination of Apple’s powerful ecosystem, industrial design savvy, powerful brand and ability to reinvent product categories could make Apple a powerful force in the TV world over the next few years!!!!!!!!!!” White wrote. [Powerful ovemphasis added]

I'd never bet against STEVEDOM, but it could also be Its Waterloo.

White has a buy-rating and a 12-month price target of $550 on Apple shares.

When do we get to really hate the Wall Street Casino again?

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