Apple stock is likely undervalued at the moment, contends Piper Jaffray analyst Gene Munster. Current models of share performance are said to be ignoring the Apple tablet, which is increasingly rumored to be launching in early 2010, possibly as soon as January. Munster suggests that there is at least a 50 percent chance of the tablet being unveiled next month, and a 75 percent chance of some sort of Apple event.
