Almost 30x earnings, market cap has just passed Berkshire Hathaway.
It's a friggin consumer electronics stock FOR CRYIN OUT LOUD.
Nasdaq pushing for eleven days in a row, up over 50 percent from the bottom.
Apple is STILL undervalued. Any company that can't keep up with demand on a product with huge margins that is 70% subsidized by completely different company is going through the roof.
Let's get rid of these negative posters once and for all; Apple's numbers are great, it's actually been undervalued for years, its a long term buy and hold, and everyone knows it. Anyone saying "sell" is an idiot, and everyone knows that also. Give them a single star as a warning to others, and hit the ignore button.
Oh, and you might want to compare DELL's market cap to Apple's cash in hand; Apple could now just BUY DELL with CASH if it wanted to.
>>>>This one company is thrashing Nokia, Sony & Microsoft/Dell. Add those companies's marketcap in their strong product lifecycle. Apple is a $200B company.<<<<
You think so? You think five Apples would be worth a TRILLION dollars?
Would you buy this company right here right now at this price assuming you had the money?
If the answer is "no," then you shouldn't buy one share.
You *might* be able to make $3 per share if there's a momentary dip from profit taking. But for the life of me I can't figure out why someone would want short a money machine like Apple.
Go for it. It's your money.
Dell was a money machine too at one time. Before that so was Gateway.
Consumer electronics is a very tenuous area.
Apple is an on again-off again fad stock.
Right now the love affair is on again, but be careful up here. It is fully valued and then some.