[untitled]
2 comments
-1 Wow! this article has no rigor. P/E numbers are a benchmark not a valuation methodology. This is like a teacher telling students: "As the other classes average exam grade is 5 out of 10, I'm not going to correct your exam cause you're probably a 5 too". Additionally, mixing the net income and capitalisation of two completely different businesses is just mathematically wrong. Why is the author valuing the cash from the interest generated by Apple as it were cash from operations? It definitely hasn't got the same growth and risk profile. Very lame
completely agree, this article is a -1
[deleted](1)