Analysts Get Knocked Out By Apple's Blow Out Earnings, Jack Their Price Targets To The Moon

Moon landing

Photo: Wikimedia Commons

After Apple’s massive blowout of earnings, analysts are bumping their price targets this morning.Piper Jaffray’s Gene Munster has a $607 12 month price target up from $554. Ticonderoga’s Brian White bumped its target to $666 up from $612.

Munster says we’re about to enter a big news cycle for Apple: New iPhone (with new carriers maybe), new MacBook Airs, OS X Lion, iOS 5, and iCloud.

Don’t Miss: Apple Delivers A Massive Blow Out Thanks To Huge iPhone And iPad Sales

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

apple sai-us