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Over the long term, stock price factors in earnings expectations. So to assume P/E will be 80 is incorrect. Also, Google stocks are more expensive than Apple's
by joubert 17y ago
Over the long term, stock price factors in earnings expectations. So to assume P/E will be 80 is incorrect.
Also, Google stocks are more expensive than Apple's at a current P/E of 37.
http://www.wolframalpha.com/input/?i=apple+google http://www.wolframalpha.com/input/?i=apple+google
But yeah, the article is really bad "financial analysis".