Pfizer now has a higher forward PE out to year-end 2013 than AAPL
Incredibly enough, this is now true. Here are the figures:
10.3 - PFE forward PE ($25.66 on estimated earnings of $2.30)
10.1 - AAPL (forward PE ($526 on estimated earnings of $5.22)
Note: AAPL has a September fiscal year. Current projections are $5.04 for the year ended 9/30/13 and $5.86 for the year ended 9/30/14.
Sentiment: Buy