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  • belikekb8 belikekb8 Dec 29, 2010 10:53 AM Flag

    PE earnings

    i coompletely agree

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    • Just look at Iphone sales. The story a couple of days ago was that Apple expects to sell 20-21 million Iphones next quarter, up from 8.5 million in the previous year's qtr. It is hard to find a negative in 150% growth YOY! Plug in the 6-700 asp, and Iphones will produce more revenue next quarter than the *entire* company did in the preceding year! Throw in very strong sales for the new knife-edge Macs and the booming Ipad, and you have a recipe for another blowout year. I would also point out that most people just ignore the 55-60 dollars a share they have in cash. Apple is a value stock that is growing almost unbelievably! It is doing so well that people think it is just too good an investment to be true.

 
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