01-27-2014, 07:14 PM
Actually EPS was up 5% YoY. That might not seem like a lot compared to the 50% jumps there have been in the past, but every other mobile phone company has posted a year over year DROP, including HTC, LG, Blackberry, Nokia, and even Samsung ($8.18b last year to $7.7b this year). Obviously smartphone mania is dying down, in the West at least, but Apple is holding up better than any of the others.
Apple has a forward PE of 11 (less after today's rout) and a dividend of 2.20% (more after today), so it's not priced for growth.
Compare to GOOG (PE of 30), MSFT (PE of 1400), NFLX (PE of 206), FB (PE of 136), or TWTR (no PE, no profit!). Even MSFT, in the dying PC market, has a PE of 13.
Meanwhile AAPL just reported the 4th most profitable quarter of any company ever (with the higher ones all being oil companies). It also has the 5th, 6th and 8th of all time.
http://en.wikipedia.org/wiki/List_of_lar...f_All_Time
Apple has a forward PE of 11 (less after today's rout) and a dividend of 2.20% (more after today), so it's not priced for growth.
Compare to GOOG (PE of 30), MSFT (PE of 1400), NFLX (PE of 206), FB (PE of 136), or TWTR (no PE, no profit!). Even MSFT, in the dying PC market, has a PE of 13.
Meanwhile AAPL just reported the 4th most profitable quarter of any company ever (with the higher ones all being oil companies). It also has the 5th, 6th and 8th of all time.
http://en.wikipedia.org/wiki/List_of_lar...f_All_Time
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Currently PvPing in the stock market
Currently PvPing in the stock market
