Quote:
Originally Posted by McLovin
So does Apple, post-Jobs, have it in it to innovate the "next big things?"
I don't know. But at this time, there doesn't seem to be much indication that it does.
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It is more complicated than that. There are a couple of engineers left at Apple. They are still the dominate player in several different areas.
The value players will come as soon as the growth guys and fan boys are flushed out of the stock.
Apple has $40B in cash. Their profit margin is 25%. Their dividend yield is 2.7% (one percent more than the 10-Year). The ttm P/E is 9. The P/E estimate 8 (that could go up). Most of their fan boys owe more on their credit cards than Apple owes in total corporate debt.