> The most confusing thing about AMZN and APPL are their respective PEs. I've wondered about this too, but the post seems to shed some light on it. Amazon arg

> The most confusing thing about AMZN and APPL are their respective PEs. I've wondered about this too, but the post seems to shed some light on it. Amazon arguably has essentially no competition, while Apple, for all that it's doing well at the moment, has plenty. (I understand the point is debatable. I'm just saying, this appears to be how the market is thinking.)