Friday, November 18, 2011

Web Traffic Shows Apple´s (NASDAQ:AAPL) iPad Even Stronger Than Thought (potential upside 34.8%)

Uploaded by on Nov 18, 2011
Electronista reported that analysis of web traffic sharing seems to show Apple's (NASDAQ:AAPL) iPad at 88% global usuage, and 96% in the U.S., according to the 75% marketshare that is typically quoted.

Apple (NASDAQ:AAPL) has potential upside of 34.8% based on a current price of $377.41 and an average consensus analyst price target of $508.73.

Apple is currently below its 50-day moving average (MA) of $395.60 and should find support at its 200-day MA of $363.44.

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