In the video clip below, Henry Blodget, CEO and Editor-In Chief of The Business Insider, interviews Piper Jaffray analyst Gene Munster on Apple (AAPL). Disclosures
Produced By: Kamelia Angelova & William Wei
Blodget: Yes, Apple Can Go To $1,000 A Share (6 min)
- This is now “the decade of mobile,” and Apple can become the global smartphone leader
- Yes, Apple can maintain its incredible growth rate, even though it’s huge
- There’s an explosive growth opportunity for Apple as products reach lower price points
- The app development platform is definitely favoring Apple
- Apple won’t crack corporate America, but that’s not where the huge mobile money is
- Gene cannot put a specific long-term price target on Apple, but it’s better positioned than any other hardware company to grow over the next 5 years
Apple is due to report Q1 2010 earnings on January 25, 2010 (Listen to Audio Webcast at 2 p.m. PST) and two days later (January 27) Apple will host a special event at the Yerba Buena Center for the Arts in San Francisco - “Come see our latest creation”
Thanks for posting this, Dan.
Munster has been talking about an iPhone nano for several years. Interesting that he’s bringing it up again. I’m surmising that Apple has had it in the wings but is waiting to hit the market sweet spot.
If you’re not having problems selling full-size phones, why introduce a lower-end model?