It seems likely to me there is much more upside in SWKS than AAPL. Both are great companies with big market opportunities. But, the comparison is a mid-cap vs. a mega-cap. The mid-cap should have more room to grow if they execute.
IOT / mobile connectivity = big growth market lifting all well-positioned tech company's with enabling solutions. SWKS is one. This phenomena is in the early stages, IMO.
I've read your criticism of others regarding their way-too-optimistic pps targets. I believe $75 within 12 months is a real possibility, and $90 could happen. My target assumes the world economy does not collapse like some on this board have predicted, and SWKS turns in a $4.50 EPS in FY2015.
Question...do you have a 12 month pps target? If so, what is your thinking? Just curious for discussion purposes. I fully understand the difficult nature of forecasting any stocks 12 month pps.