Apple $1111? I like the cut of his jib

Analyst reiterates $1,111 price target on Apple shares; says iPad mini is major catalyst
[Via MacDailyNews]

There have been iPad mini shortages at both Apple stores in mainland as well as complete sell-outs…


Heck, can they even make enough devices to result in that number? Of course, I am sure this depends on Wall Street providing a proper value for Apple giving it a multiplier somewhat higher than it has today.

But if he is right, some people will make a lot of money.