How Far Can the Mighty Apple Fall?(business.time.com)
business.time.com
How Far Can the Mighty Apple Fall?
http://business.time.com/2013/04/18/how-far-can-the-mighty-apple-fall/?iid=biz-main-lead
1 comments
This article just seems to reinforce how the markets really are only driven by greed and fear. Obviously fear is driving this downward trend. Legitimate that Apple is potentially butting up against some growth constraints, but it seems ludicrous to me that Apple would be trading at a $9 price/earnings ratio while LinkedIn would be trading at a $914 price/earnings ratio. That seems a little misguided to me.