3 ms·
Yes, but as a counter point they are grossly overvalued. If you can get the same gross overvaluation, which Apple probably can, then why not do it? Especially
by treis 4y ago
Yes, but as a counter point they are grossly overvalued. If you can get the same gross overvaluation, which Apple probably can, then why not do it? Especially if you can goose the stock price long enough to hit your bonus metrics and cash out.
- scarface74 4y agoThe markets aren’t going to value Apple like Tesla just because they enter the same industry. Tesla has an earning multiple right now of 99.52x compared to Apple’s 25.3x. Adding another 4 billion in profits when it already makes around $19.44B is not going to get the market to value its stock higher anymore than Disney adding streaming helped it to be worth the multiple that Netflix was. But the market can stay irrational longer than most people can stay solvent