How Good Business Can Lift Apple’s Share Price

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Early this month, Adrian Kingsley-Hughes made this prediction on Forbes.com: “It seems quite possible for Apple stock to hit four digits in the next couple of years, barring any missteps.”

The author probably imagines future missteps such as overheating iPads, a possible unsuccessful foray into the television-set market, or the failure of the company’s new chief executive officer, Tim Cook, to live up to the legacy of Steve Jobs.