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Isn't Apple in a pretty mature market, they have to double their earnings in the next few years to justify this p/e ratio. Is that realistic?
by sek 6y ago
Isn't Apple in a pretty mature market, they have to double their earnings in the next few years to justify this p/e ratio.
Is that realistic?
- riffraff 6y agothey are still expanding their offer, with Apple+ and whatever Apple-not-quite-prime will be coming. Also, Apple Silicon might be the beginning of something. They're still overpriced, but I wouldn't look at them as having exhausted their potential increase in revenue/profits.
- humanlion87 6y agoI don't think metrics like P/E ratio are as useful as before any longer when analyzing companies like this. The FED printing money and lack of other investments in this zero-interest rate economy has a significant role in raising stock/asset prices.
- scarface74 6y agoThere are two ways to make money off a stock - either Apple can keep growing or issue dividends.