Apple Inc. reported blowout third quarter earnings on Monday, October 19, 2009.  Strong consumer demand made Jim Cramer raise his price target on Apple from $264 to $300 per share.

The stock looks like it has broken out of a huge 3 year bull flag that has a price target of $300 per share. After such a huge run, it's hard to imagine another 50% gain, but the pattern has to be respected.