Quote:
Originally Posted by Houdini
How has it been "over valued" when it's been trading at 10-13 P/E for the last year? Most people just see the stock price and compare it against something else, say Micorsoft and see that it's trading at $27, so Apple must be over valued because it's $500+ They've got $120 billion in cash! They make $100 million a day in profit! They've got a lower P/E than any tech company out there! Fundamentals people.
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Yeah but the way analysts see it is that the compagny has nowhere to go but down from here.
They are changing the winning formula of the apple stores etc. etc. etc.