Quote:
Originally Posted by ruff
They all cycle through just like Apple will. Apple's a one trick pony now. It is already winding down for them.
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how exactly is it winding down? I'm not an apple fan, but the stock is as strong as ever, and the p/e ratio is 15, so compared to other tech stocks it's in no way overvalued. As a comparison, facebook, which has been decimated since it's IPO has a p/e ratio of 103, and their stock is rising today.
Apple is as strong as it ever has been, and is in no way a 1 trick pony, I would say they are one of the fastest to move onto a new pony when others start to catch them in any of their product lines. I may never be an apple fan, but those who are, aren't going anywhere anytime soon