Apple Inc. (AAPL) is at its ‘Max Fear Point’: Hedge Fund Manager

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Jackson added that he believes Apple will release an “iTV” around the same time frame that Gene Munster originally predicted (see 3 Things That Can Boost Apple Next Year), but also mentioned that he thinks we’ll see “a surprise […] that we haven’t anticipated before.”

In Jackson’s opinion, the new offering could have something to do with Apple Inc. (NASDAQ:AAPL)’s partnership with General Motors Company (NYSE:GM), which will begin offering “eyes free” Siri-assisted voice control next year. Unofficially dubbed the “iCar,” Apple expected to partner with Mercedes, Toyota, Honda, Audi, BMW, Chrysler and Land Rover as well. Here’s our full coverage of Apple’s future in the automobile.

In the CNBC broadcast, it is mentioned that Eric Jackson sees Apple potentially reaching “$900, $1000 a share sometime in 2013.” In accordance with an article we published last week, this forecast would make the hedge fund manager slightly more bullish than the typical Wall Street analyst, who currently averages a price target of $740.

For more Apple Inc. (NASDAQ:AAPL) coverage, continue reading below:

Apple’s Valuation ‘Doesn’t Make Sense’: Analyst

What is Apple’s Secret Hedge Fund Buying?

Two Top Tech Minds Discuss Future of  Industry’s Giants

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