Apple has more iTricks up its sleeve

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I'm here to tell you why Apple (AAPL, news, msgs) is headed to $225.

My firm, ChangeWave, was the first firm to have a $150 target for the stock and then a $200 target. Now, I'm moving our Apple target to $225. No doubt Jim Cramer will make his target $226 now.

I get a lot of guff about my Apple predictions from the nonbelievers, but that's OK. It comes with the territory.

Many of our subscribers made a ton of money because we were right about Apple. This is especially true for those, like my ChangeWave Inner Circle subscribers, who leveraged their investments with options.

Now it's time for the $64 million question: Has this fortune-making stock run over? And I will tell you with every ounce of conviction I possess -- no! Between Oct. 22 and Oct. 27, Apple is going to announce the greatest group of new products in its rich history:

Mac OS X Leopard

I am told the source code for the new Mac operating system, the Leopard, is getting pressed, which means it's ready for prime time.

The beauty of this operating system is how easily you can switch your home computer, laptop and office PC to a Mac and still use all of the Windows software you had before. The only difference you'll notice is that it won't crash.

Macs

Our ChangeWave Alliance research shows that demand for Mac desktops and laptops is off the charts -- I know I can't wait to get rid of my Windows laptop -- and we should see Apple report a huge quarter in January.

Apple should sell 2.5 million Macs this quarter. That's up 40% year-over-year, which is amazing. And it looks like the Mac Mini is dead -- long live the "Mac Nano," which will fly off the shelves. And remember that Apple makes a lot more money selling Macs than it does selling iPods.

iPods

The iPod replacement cycle analysis shows there is still plenty of room for growth. Apple has captured about 20% of the market already, which leaves 80%. And about half of iPod owners are upgrading. The new iPod Touch is practically an iPhone without the phone.

iPhones

Apple is likely receiving 10% to 15% of monthly customer contracts from its international carriers with the iPhone, which is income you don't see. And our surveys show iPhone sales trending as expected in the United States and around the world. Plus, be on the lookout for the 3G iPhone and the iPhone Nano.

Wrap it all up with a bow and we've got Apple headed to $225, from about $168 today. In fact, at ChangeWave, we're invested in the entire food chain -- from the chips to the touch-screen technology, and even to the service that allows you to activate your iPhone over the Internet. All of these companies are ways to build your fortune from Apple.

Do not let the naysayers talk you out of Apple. And don't let this run fool you, because Apple's earning power won't even peak until 2010, when iPhone sales peak.

I bet Apple will have its own wireless network in the United States by then.

It's simply mind-boggling. The disbelievers are, in the words of President Bush, the "misunderstanderers." Don't fall prey to their ignorance. It's Apple all the way to $225, baby!