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That's all a growth-less company can be. A simple niche, with a very specific audience that knows exactly what they want. It's the exception that makes the poin
by jshzglr 4y ago
That's all a growth-less company can be. A simple niche, with a very specific audience that knows exactly what they want. It's the exception that makes the point. You can't apply that to a company like Apple.
- selectodude 4y agoWell that's not entirely true. AT&T is basically a zero-growth company as well. And they trade at a P/E of 6.7. A similar valuation for a zero-growth Apple would be about $40/share.