Robert DeFrancesco’s

TechStockProspector.com
March 16, 2011

A Way to Play Apple’s iPad Push Into the Enterprise

Research firm BTIG today upped its Apple (AAPL, $330.01) price target to $450
from $375 based on hefty demand for the iPad 2 at launch. The firm sees Apple
selling 40 million iPads in 2011, up from its previous estimate of 33 million units.

Credit Suisse today set a price target of $500 for Apple, citing the iPad’s push into
enterprise environments as one major growth catalyst.

As the iPad gets used more often in the workplace (from both enterprise
deployments and employees bringing their tablets into the office), one mid-cap
company will be a major beneficiary. It offers exposure to growth in wireless
networks as well as wireless security, which is becoming increasingly important
these days.

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