$1,000 Target On Apple Is Not New
As we highlighted on our blog back in August 2009 [ Apple to $1,000 ], the concept has been around for over 2 years now. Back then the rumor of a tablet was circulating and the Mac was expected to continue gaining share. Instead, the iPad has taken off and offers such great functionality that it has replaced a lot of the expected new demand for the Mac. Either way though, the concept of Apple (AAPL) gaining more share of the computer market has come to fruition. The news of the day was that analyst Brian White of Topeka Capital slapped a $1,001 price target on Apple. While this is the first official Wall Street analyst to place such a lofty target on the stock, he clearly wasn't the first mainstream analyst to shoot that high. Not to mention the big difference between suggesting that target with the stock at $140 in the midst of a financial crisis and saying it with the stock at $600 with the S&P500 at multi year highs. Either way, the only reason Apple hasn't alread...