This is so frustrating Yahoo with 2% growth trades PE of 20
so insanely cheap chePer than intel rev growth expected to grow at least 15% YOY better than all those worthless staples stocks why WMT KO deserve a PE of 15 or more ? Pathetic yet frustrating that the markets idiots don't care to listen to Mr. Cook that the markets should not conclude anything from one supplier. Yahoo with their 2% growth was up 60% pe of 20. Damn even Dell has a higher pe.
aapl when growing at 50% a year never traded like a growth stock. now that it isn't growing you can expect the PE to stay where it is. management has never taken advantage of the disconnect and instead accumualted $137 billion in cash. that should worry all shareholders.
This should not be a surprise. Mr Cook is a liability . He is over his head. It's not product but the lack of vision and leadership. They can not come with a capital allocation plan. Probably will come with one by earnings to try to compensate for poor earnings. Until he goes the trend will continue.
Will get to the low 300's.