...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?