Classic Apple Humor: Jim Cramer Smashes Zune

iPhone news is a little thin these days, so let's have some more classic video humor. Here's one from stock guru Jim Cramer. In this video from early January, Cramer predicts Apple will be one of the top growth stocks of the year and then proceeds to smash a Zune with a bat. I have tons of respect for Jim Cramer, but he also sometimes gets things wrong, especially on his Lightning Round. This time, he was big time right.

Speculation: Apple's China Revenue

From Silicon Valley Insider:

"China's mobile market is so huge that the revenue numbers are meaningful even if Apple only gets a tiny slice of the pie. Our annual revenue estimates range from:

• $600 million a year, at 1% penetration and a firesale $200 unit price (with no revenue share), to:
• $6 billion a year, at 5% penetration and a stable $400 price point (again, no revenue share)."

Check out the article for a more in-depth analysis.

Analysts Ponder iPhone Earnings, Raise Apple Price Estimates

From Seeking Alpha: analysts advise investors to "start looking at cash earnings rather than traditional income statement earnings" when trying to figure out Apple's profit from the deferred revenue. There's also a slew of new stock price estimates from analysts--all over $200.

I've been trying to figure out how high Apple could go. If they captured 20% share of the computer market, that'd be 3 to 4 times what they have now (~5%). With Macs representing 62% of their last quarter's revenue ($3.8 billion), that's a potential $15.2 billion for just one quarter ($3.8 bil x 4). Numbers like that combined with growing iPod and iPhone sales would exceed Microsoft's revenue. To match Microsoft's market cap, Apple's stock price would need to be around $330. That's an 80% increase from Apple's current stock price of $185. All potential factored in, Apple could double their stock price in a couple years.