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" That might simply mean the stock market updated its predictions on how Apple is going to do in the future.." Exactly my point, Apple (PE of 10) is not going
by OGinparadise 14y ago
" That might simply mean the stock market updated its predictions on how Apple is going to do in the future.."
Exactly my point, Apple (PE of 10) is not going to do that well in the future, unlike Google with a PE of 24. At least that's how the market sees it right now. When AAPL was heading to $700 and many analysts got in line to call AAPL $1000 /share the market thought differently.