Nice bit of chart manipulation by Blodget, but if you look at the 12 month view, you see that it's not an abnormal hump: http://ycharts.com/companies/AAPL http

Nice bit of chart manipulation by Blodget, but if you look at the 12 month view, you see that it's not an abnormal hump: http://ycharts.com/companies/AAPL http://ycharts.com/companies/AAPL If you follow Apple at all, you'd also know that Apple's P/E ratio has been extremely low for the entirety of the iPhone's history. In this chart, the historical P/E is the blue line: http://www.asymco.com/wp-content/uploads/2012/10/Screen-Shot-2012-10-12-at-10-12-2.08.05-PM.png http://www.asymco.com/wp-content/uploads/2012/10/Screen-Shot...