AAPL $550? Oh Yes He Just Did (AAPL)

That's right, we officially have a price target surpassing Hudson Square's $500 price target for Apple

. Everyone has been wondering when someone would have the guts to go over AAPL $500. As the elephant in the room, it really was only a matter of time until someone stepped up to the plate and pointed it out. Well, today we tip our hat to Brian White over at Ticonderoga. White released his $550 price target on Apple, $50 higher than the previously highest price target of $500. Thank you, Brian White, thank you. Now we can all have confidence - officially - that Apple stock is going to the moon. Since the year 2000, Apple stock has increased 1200%. Why not another 30%? According to White: exactly.