Marcus Dutton Michael Hjorth Kai Wang
Numbers - Currently Apple has market worth of $140 billion - IBM worth $158 billion - Expected to pass IBM by the time the first quarter of 2008 is in the books with a stock target price around $200
Reasons Why - Release of Mac OS X 10.5 this month - Strong iPod and iPhone sales - Christmas season comes at a good time for Apple as they are “firing on all cylinders” - Up to 5.9% of the US PC Market from 4.8% last year
Outlook on the Future -$9.2 billion in projected sales for Christmas -Stock-splits may occur due to value of shares -Expansion of retail stores into China in Increased sales of Laptops and Desktops
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