The AFB AAPL Price Target Index - June 2011 Edition

The Apple Finance Board is home to some of the best known and hardest working independent AAPL analysts on the blogosphere. As a service to the members of the AFB, a popular and well respected discussion board, I'm hosting the index of AFB AAPL price targets and share price forecasts developed by the members. 

Index participants submitted AAPL price targets for the first trading day of the month following the release of Apple's quarterly earnings reports through May 1, 2012 and associated ranges for the share price. The dates chosen for the quarterly price targets represent the first trading day of the month following the release of Apple's quarterly earnings reports, providing time for the markets to adjust the company's valuation based on the the most recent quarterly numbers. 

Comments on the index can be made at the bottom of this post and for registered members of the AFB in the topic created specifically for this discussion.  

The graphs and data table below indicate the average AAPL price targets of the index participants. The price targets and price range forecasts of each of the participants is listed below the averages. Thank  you to the AFB members participating in the index for the benefit of our readers.

	AFB	Index	Averages
	Date	Low	High	Target
	Aug 1, 2011	352	418	397
	Nov 1, 2011	394	470	445
	Feb 1, 2012	438	518	498
	May 1, 2012	478	558	547

The AFB AAPL Price Target Index - February 2011 Edition

The AFB AAPL Price Target Index - February 2011 Edition

The Apple Finance Board is home to some of the best known and hardest working independent AAPL analysts on the planet. As a service to the members of the AFB, a popular and well respected discussion board, I'm hosting the index of AFB AAPL price targets and share price forecasts developed by the members here at Posts At Eventide.

This post is an update to the initial AFB AAPL Price Target Index published in January. The participants in this index represent a cross section of AFB members ranging from well known AAPL analysts Horace Dediu, Daniel Tello, Turley Muller and Andy M. Zaky, to long-time AFB members Mark Beauch and Ron Smith and newer members such as Dennis Hildebrand. In all, twenty four (24) members of the Apple Finance Board are represented in the index.

AFB AAPL Price Target Index Averages

Index participants submitted AAPL price targets for the first day of the month following the release of Apple's quarterly earnings reports through February 1, 2012 and submitted associated ranges for the share price. Comments on the index can be made at the bottom of this post and for registered members of the AFB in the topic created specifically for this discussion.  Thank you to the index participants for submitting their share price targets and anticipated trading ranges. 

The graph and data table below indicate the average AAPL price targets of the two dozen index participants. 

The iPhone Antenna Song

There's a smartly crafted two-minute response to the iPhone antenna issue available on YouTube from Jonathan Mann. He records and publishes a song a day. Song A Day #561: The iPhone Antenna Song puts the issue in perspective with humor and music. "If you don't want an iPhone 4, don't buy it. If you bought one and don't like, bring it back." Enough said and well said.

A well-reasoned response to the iPhone 4 antenna non-issue has also been posted by Andy Zaky. His response can be found at Bullish Cross. 




Robert Paul Leitao

Thank You!

Thank you to all of the active members of the Apple Finance Board for your support, feedback and camaraderie. Entering a public comparison of AAPL earnings estimates against many of the best minds on Wall Street was something I figured was akin to singlehandedly taking on the 101st Airborne Division armed only with a pitchfork. A suburban husband and father equipped with an iMac, pad of paper and Internet access to read the news, download financial statements for analysis and moderate an AAPL-discussion board are my claims to resources. Yes. I have a background in finance and accounting and a passion for the intuitive and revolutionary products produced by a company that takes its name from a fruit. Still, this was a challenge by nature I'd ordinarily avoid. I didn't expect my estimates to finish at or around the top. At best I expected a respectable showing. I'd like to thank each of you for being that added resource through your camaraderie and support that prompted me to publicly post estimates and do the hard work involved to produce them.  

Congratulations to Turley Muller on his top placement, to Daniel Tello for his excellent showing and his ongoing examples of hard work and diligence, and Patrick Smellie , Andy Zaky and Alexis Cabot for their fine showings and making the outcome a virtual shut out for the bloggers and unaffiliated analysts. A special thank you to Philip Elmer-DeWitt for not only including my numbers in his comparisons but also for choosing to use my given name. It was a bit startling to see my name in digital print outside of ATPM, the few comments I make on Apple 2.0 columns, and years ago the financial reports and columns I wrote for The Mac Observer. Perhaps for too long I've hidden behind that thin veil of pseudo anonymity that I crafted with the DawnTreader moniker. 

The results of the analyst comparisons can be found in this Apple 2.0 column.

Sincerely, 

Robert Paul Leitao (aka DawnTreader)