Maintaining trajectory: 47 x 14 = 658
Factoring increased growth from market share gains, china mobile and better perception of services:
47 (will be higher) x 16 = 752
A multple of 14 is already conservative given the level of multiple expansion some large cap names, and the sp500, wittnessed this year.
A multiple of 16 is simply the known high-end multiple of Apple as a mega cap company.
Mr Statistics suggest a high probability that AAPL sees 700 in 2014.
Easy trades to the long term upward trendline:
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