AAPL Stock Prediction
- Warren Buffet’s revelation that his Berkshire Hathaway bought 75 million more Apple shares in Q1 boosted the stock beyond my 12-month price target of $188.
- I was correct to say that the $100 billion stock repurchase program was a strong incentive for long-term investors like Buffett to fall in love more with Apple.
- I would like to discuss now the importance of updating the other products of Apple. Apple needs to take care of its loyal horde of Mac Mini and iPad Mini customers.
- The availability of Intel’s Kaby Lake-G Core i7 and Core i5 with on-package AMD Radeon RX Vega M should compel Apple to produce an upgrade to the 2014-era Mac Mini.
- The iPad Mini 4 is also almost three years old. It deserves a 2018/2019 version. The 8-inch form factor of the iPad Mini makes it a comfortable gaming device.