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The only problem with making this argument for Apple specifically is that their stock price seems to figure in revolutionizing an industry every few years. The
by angelbob 11y ago
The only problem with making this argument for Apple specifically is that their stock price seems to figure in revolutionizing an industry every few years.
They could stay a major player for a long time and do just fine, but they'd go from being "Apple under Jobs" to "Microsoft post-Gates." It's a long, slow sunset, and you sleep fine at night, but you don't win it all.
With that said: yup, the Apple Watch does put off the final sunset a few years.
- czhiddy 11y ago> The only problem with making this argument for Apple specifically is that their stock price seems to figure in revolutionizing an industry every few years. Not really. http://financials.morningstar.com/valuation/price-ratio.html?t=AAPL http://financials.morningstar.com/valuation/price-ratio.html... - Apple's P/E ratio has never exceeded 20 during the years of peak iPhone growth. Compare with say, Facebook, which has a ~85 P/E ratio currently. Do investors expect a 300B market cap company to expand at the rate of 2010 Apple?