InvestorsHub Logo

fromtheuk

08/01/18 6:22 PM

#127763 RE: samstockguru #127762

Not anytime soon, but love the enthusiasm..

One of the reasons i dont buy into the argument that the reduced multiples on Apple are unjustified and should be closer to market norms is simply to your comment (in jest). A company with a lower market cap, can double / triple earnings by making great decissions just like Apple did in the past. However what decisions can apple make today that will double / triple their value in a year or two. Realistically they cant, so that multiple cannot really be applied.

Apple is a great company, will be the first to 1 trillion. But i dont think the current multiples applied are incorrect.