When will the market be happy? When apple has a p/e of 5?
I dont understand why this is happening.
Market doesn't care about p/e. Look at Netflix and Amazon.
PE ratio is a measurement of past performance. People are projecting AAPL earnings to go down, which means the PE ratio will go up as a result. This upcoming earnings will be a good indicator on which direction earnings are headed.
Sentiment: Strong Buy
Dude, P/E isn't a reliable indicator of market happiness.
Cook is poison.
Nothing to do with AAPL and it's cash printing machine.
He's the chicken with the bloody leg....being rooted out and for good reason.