Saturday, December 08, 2007 7:38:29 AM
YoY earnings growth = 40%+ give or take 10% and will continue for the next 2-3 years at this pace - double what is being forecast by anal-ysts on Wall Street. AAPL will have hiccups along the way (it does every year) but its pps is going to continue to gorw while the underlying company continues to expands its business at this rate.
Nay sayers have predicted the demise of earnings growth for AAPL for years. They're wrong, because they haven't done the maths. Earnings will have doubled by 2009.
As for MSFT and INTC, so what? They lost their growth story (as did DELL) many years ago. You stick to your bear market thesis, and I'll stick to my spreadsheet models :)
Nay sayers have predicted the demise of earnings growth for AAPL for years. They're wrong, because they haven't done the maths. Earnings will have doubled by 2009.
As for MSFT and INTC, so what? They lost their growth story (as did DELL) many years ago. You stick to your bear market thesis, and I'll stick to my spreadsheet models :)
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