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  • once_on once_on Jan 11, 2013 4:31 PM Flag

    Just re-read the Credit Suisse Report from October - what a good laugh!

    They lowered everything after that terrible call, but left their price target at $301. All of their estimates are now very reasonable - rev growth, margins, eps, opex, etc... Looks similar to my model. Total EPS from 2013 to 2017 (next 5 years) is $31.08 (EPS in 2017 is $11.14)... So, if you add up all EPS for the next 5 years, their price target is 100x times that (or 30x 2017 EPS)!!!! Just to place this in persepctive, Apple will make $48 in 2013 alone.

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