The IPO every photographer I know wishes they would have been part of.  On December 12 of 1980 AAPL went on sale for $22 a share

Today they sit pretty at around $274 and even the “non” wall streetwise amongst us can appreciate those rather impressive numbers. BUT (note the big BUT)  if a recent report from BAM (a hedge fund) is to be believed Apple stock could be rotten to the core as early as this summer. The BAM prediction…?

Wait for it…

Wait for it…

If you own Apple stock sit down…

Wait for it…

$42

The Apple fanboy in me wants to say Poppycock! The concerned citizen in me says, if usually successful AAPL falls that far after a few rather successful new product releases what does that mean for the rest of the economy?

What do you guys think? Could Apple fall from grace? Discuss it in the comments or in the DWF Pro Business forum.

via|streetinsider

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