Here we have two opposing views on the future of Apple Inc. (AAPL) shares. There's Piper Jaffray & Co. and UBS AG increasing their share- price forecasts for the company because of "speculation that iPhone sales may exceed analyst estimates...Apple may sell as many as 45 million iPhones in 2009, according to Piper Jaffray, which raised its share-price forecast for the company by 14 percent to $160."
Then we have an opinion piece (i know, i know; they're a dime a dozen) by John Dvorak for DowJones. Making an argument for the time to short Apple coming around the corner; With design flaws (which we'll have to wait and see how serious they'll be) and hype deflation once the iPhone craze comes and goes. Still, though, Apple is awash in cash and coming on strong with laptop, ipod, iTV, and iTunes sales. We'll have to wait and see were price settles after all the hype has been factored in, I'm looking at the $119 range (maybe down in the $90 range on some bad news).