Home > Apple Inc. (NASDAQ:AAPL): The Device That Could Send Apple Shares To $800

Apple Inc. (NASDAQ:AAPL): The Device That Could Send Apple Shares To $800

April 16th, 2012

Ian Wyatt:  iTunes, iPhones and iPads have helped make Apple Inc. (NASDAQ:AAPL) the largest company in the world by market capitalization. Now something called the “iPanel” could send the tech stock to even greater heights.

Rumor has it that “iPanel” will be the name of a yet-to-be-announced device that will allow Apple to spread its wings into one key area where it has historically been absent: television. The iPanel will reportedly be the latest evolution in television, equipped with advanced features such as a computer, a media hub and a gaming center.

Essentially, the iPanel would be to the TV what the iPhone was to the cell phone – a substantial improvement and a product unto itself. Some have speculated that the device could be released as early as year’s end. [Related: How To Earn A 9.25% Gain In 30 Days While Waiting For Apple’s Dividend

An iPanel would be a game-changer for a company that is already prospering like never before. After researching the potential impact of a so-called iPanel, Jefferies analyst Peter Misek has upped his price target for Apple to $800 per share – a 27% jump from its current price of $630 per share.

It’s easy to see why Misek feels this way. Television captures more consumer media time than any other medium. According to Nielsen Media Research, on average consumers spend 40% of their media time watching TV. Given that Apple is already a dominant force in the media world even without a television presence, an iPanel could greatly increase the company’s earnings potential. [Related: Apple Inc.’s Stock Is Entering A Euphoric “Bubble” Stage; A Bad Sign For The Markets?]

I realize it’s hard to believe that a company as big as Apple could grow much bigger. But just look at what the stock has done over the past four-and-a-half months. Since November 25, Apple has nearly doubled, gaining more than $200 billion in market cap and leapfrogging Exxon Mobil (NYSE:XOM) to become the largest publicly traded company in the world with a market cap that is fast approaching $600 billion. 

In fact, nearly three years ago to the day, Apple’s stock was trading at $120 per share. It was just $242 per share as recently as April 2010, and $341 per share last April. The stock has defied gravity, rising to heights never before reached by a U.S. company. No matter how many times analysts have claimed that the stock is overpriced, Apple just keeps going higher, setting new records seemingly by the day. [Related: Equal Weighted ETFs To Counteract The Apple Inc. Effect]

New iPhones and iPads have been major catalysts behind the stock’s recent tear. The company sold 37 million iPhones and 15.43 million iPads in its most recent quarter, which at $13.1 billion in earnings was the second most profitable quarter by any company in history. And those were just the latest versions of devices that had already been in circulation for a couple of years.

The iPanel would be an entirely new concept. So it’s not unreasonable to think that if and when Apple does unveil the iPanel, it could add another 25% to the company’s stock price. [Related: Does Google’s Android Have Any Chance Against Apple Inc.’s iPhone?]

And Apple isn’t the only stock that could benefit from the device. The iPanel could be a major boost for one company in particular – a company that has partnered with Apple on the iPhone. It could supply a key part for the iPanel, which would provide a huge boost to the company’s bottom line … and its stock price.  [Related: 7 Reasons Apple’s Stock Could Be The Short Of A Lifetime]

I reveal Apple’s silent partner in the latest edition of my $100K Portfolio newsletter. I’ve recently added this company’s stock to my $100K Portfolio, and am urging my subscribers to do the same. Click here to read more about it.

If the rumors of an Apple iPanel prove true, then this stock could be in for some Apple-like gains.

Related: PowerShares QQQ Trust Series 1 ETF (NASDAQ:QQQ).

Written By Ian Wyatt From Wyatt Investment Research  *Full Disclosure: I currently own shares of Apple. 

Wyatt Investment Research is led by founder Ian Wyatt, who serves as Publisher and Chief Investment Strategist. Our team also includes a group of talented research analysts and editors who aim to uncover great investments and present those investment ideas to our growing group of loyal subscribers. Ian Wyatt is an active investor, a well-regarded investment expert and an Internet entrepreneur.  He is the Chief Investment Strategist at Wyatt Investment Research, and plays a leading role in each of the company’s investment newsletters and trading services. As a well-regarded market expert, Ian has written for Marketwatch, Zacks Investment Research, Seeking Alpha, Yahoo! Finance and The Burlington Free Press. He has been interviewed or quoted in articles in well-known publications including AOL Finance Blogging Stocks, Kiplinger’s Personal Finance Magazine, Barron Magazine, Barrons.com, Forbes.com, The Dick Davis Digest, The Dick Davis Income Digest, The Wall Street Transcript, TheStockAdvisors.com, Money Show Digest, The New Jersey Star Ledger, The Wisconsin State Journal and The Seattle Times.



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Facebook Comments


  1. Mike
    April 10th, 2013 at 19:05 | #1

    Just like they were late to the mobile phone party…

  2. iphonerulez
    January 3rd, 2013 at 13:16 | #2

    You’ve got that right. The over-priced iPhone was supposed to be merely a toy for consumers with more money than brains. The analysts said that the BlackBerry was going to sell to tens of millions of consumers because it had those nice chicklet keys to send quick emails. That stock split in 2004 and 2007 and took off to the moon, pumped to death by the analysts. Apple didn’t stand a chance in the smartphone business. RIM was the tech darling of Wall Street. It just couldn’t fail. But it did fail. No apologies necessary from the analysts.

    Apple supposedly never stands a chance in any business. Apple has been officially declared dead for years due to zero growth potential. Apple was dead in the smartphone industry because of RIM and now it’s dead because of Android. I’m sure there aren’t too many dead companies pulling in close to $50 billion a quarter. Oh, well, cheap products have always been Wall Street’s preference.

  3. Notafan
    December 20th, 2012 at 16:24 | #3

    Now I am not stating that APPLE cannot do it but it is highly unlikely. Apple did a great job taking the MP3 player and making it an “IPOD” (which everyone calls an MP3 player no matter what brand) and making tons on sales. Then it took the cell phone and made it and “IPhone” (for many people calling it that). It does a great job marketing their products and coming out with 1 revolutionary device. The problem I see for APPLE is that not many go and buy a new TV year after year – not to mention not many will want to spend $2000 on an IPANEL then pay for subscriptions to ITUNES. I am sure it will have Siri and the like but alot of stuff is already out there that does all this. Why would people want to buy the APPLE one? Cause it’s cool? Well the brand has lost a lot over the past few years and the appeal has worn off on many.

    Look at the APPLE TV – that is basically what you will get on a large screen television.

    Not to bring up PC vs MAC but bascially this sounds like your getting the same thing via any other TV – just marketed with APPLE on it. PC 90% vs 10% MAC. 75% Android devices vs 14.9% IOS.

    Good luck APPLE!

  4. Chuck
    April 16th, 2012 at 17:44 | #4

    I’ll bet 6 years ago every one of you were saying “A phone from Apple? BlackBerry has a lock on the smartphone market and this will bankrupt Apple.” Idiots.

  5. mjerome
    April 16th, 2012 at 14:52 | #5

    Is this going to be an XBOX copy? Xbox already runs 70 million TVs. Apple is a little late to the party?

  6. snowy
    April 16th, 2012 at 13:56 | #6

    I don’t think this is so called “revolutionary” enough to be profitable. There are already smart televisions out there in the market. I agree with Robert, the Apple TV is already for sale(which is not overly successful anyway) and I think it is about as far as Apple should go in this area.

  7. Steve
    April 16th, 2012 at 12:24 | #7

    I have to agree with Zibri. And that’s not to mention the already oversaturated television market. I feel like any sort of TV offering from Apple this year would sell dismally — at least at first. For those that really want Apple on their TV, they already have the Apple TV add-on box which is an extremely cheap option. This “iPanel” would have to offer a LOT more for it to even be considered by consumers.

  8. TC
    April 16th, 2012 at 12:24 | #8

    I could easily be wrong but the word iPanel sounds more like its a computer monitor used for their Macs. Probably retina like the iPad, which will do little to help a computer monitor that is viewed from a farther distance.

    An Apple TV would be insanely overpriced and would not do well in a market that is so competitive.

  9. Robert
    April 16th, 2012 at 12:09 | #9

    I have to agree with Zibri. And that’s not to mention the already oversaturated television market. I feel like any sort of TV offering from Apple this year would sell dismally — at least at first. For those that really want Apple on their TV, they already have the Apple TV add-on box which is an extremely cheap option. This “iPanel” would have to offer a LOT more for it to even be considered by consumers.

  10. Zibri
    April 16th, 2012 at 11:39 | #10


    You should also say that with the strong competition from SAMSUNG and LG, the iPanel risks to send AAPL stock back to $200.

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