It has 80b cash in bank and it earns 10b per quarter, 40b per year! The current market price for apple is 350B. Assume the cash accumulates at this rate, Apple will have 350B in cash in 7 years (40b * 7 + 80b)! Iphone still have big market room to penetrate in the years down the road.
Plus its gigantic amount of real estate offices, patents, smart people.
i believe APPL can shoot to $470 by Jan ER.
