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"an enormous decline" On the same scale as the growth that Apple has seen over the last 2 years.
by Jabbles 14y ago
"an enormous decline"
On the same scale as the growth that Apple has seen over the last 2 years.
- kalid 14y agoApple's valuation growth is due to selling enormous quantities of products -- their P/E has roughly hovered around ~15 the entire time. If it were 20 or 30 then there'd be a lot of room to fall. But their P/E is about industry average... they just have a megaton of sales. If iPhone/iPad sales decline precipitously (to ~2010 levels) then their share price should fall to roughly that amount [probably more, since it indicates something is terribly wrong and likely to decline further].