AAPL shares spiked up for two days in a row — including Friday despite a selloff on Wall Street — possibly buoyed by an upgrade by Merrill Lynch, which set a new target of $325.
The numbers for the iPad and upgraded iPhone G4 are going to be enormous, but at what point do those products price into the stock? At 257 today, 325 isn't going to happen overnight, but could definitely happen by Q4 earnings time, if not Q3.
Meanwhile, the rest of the planet is going ga-ga for Apple. Of all places, Japan is the very one that is so tech-savvy, it leaves the rest of the civilized world in the dust. Yet, somehow, Apple has broken down that wall. Technophiles camped out in Tokyo to get their hands on the iPad. Amazing.
Subdued, but busy in Tokyo.
In Munich, longass lines for the iPad.
More Munich. They really went nuts.
iPad love in London.
Montreal? Crowded, though a bit more subdued.
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