The Unsinkable brian cork™

Brian Patrick Cork is living the Authentic Life

Apple at $305 in 2010

May8

I’m apparently quoted (again) in Forbes regarding my own forecasts for Apple’s stock.

I’m agreeing with Trefis (analysts) that Apple can sell four million (4mm) iPads in 2010.

I estimate that the iPad constitutes four percent (4%) of the $294 Trefis price estimate for Apple’s stock, and that there could be an additional three percent (3%) upside to my Apple estimate if iPad unit sales were to exceed my forecast by reaching, as high as 10 million units, by the end of 2010.

It’s a fair assessment based on a reasonable model. Math and numbers don’t lie. And, here, there is not attempt, or need, to distort facts to create a stock valuation. It’s very likely Apple will sell 4mm+ iPads in 2010. The math based on forecasted revenues puts Apple’s stock over $300.

So, I’ll call it now at $305. But, not surprised; only delighted if we see $350.

Note: If analysts say it should go there, it will go there. That’s, in-part, how it works.

Peace be to my Brothers and Sisters.

Brian Patrick Cork

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"What am I looking at?", you might wonder.

Lots of stuff.

Meanwhile, here, I discuss events, people and things in our world - and, my (hardly simplistic, albeit inarticulate) views around them.

You'll also learn things about, well, things, like people you need to know about, and information about companies you can't find anywhere else.

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All the while, striving mightily, and daily, to remain a prudent and optimistic gentleman - and, authentic.

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