Archive: April 21, 2011

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amazing Apple

Thursday,  04/21/11  11:09 PM

Apple posted their Q2 results yesterday, and they are amazing.  This company is now bigger than Microsoft in market cap, revenue, and profits, and their growth is phenomenal for such a large company (83% revenue, 95% profit).  They sold 3.8M Macs 18.7M iPhones, 9M iPods, and 4.7M iPads.  Whoa.

Yet .. the stock is under valued, at a PE of 16.3.  Horace Dediu did an analysis in which he suggests Google's Android may be at fault, reducing Apple's market cap by $300B.  Since Google's value is only $169B, if Apple bought Google and shut down Android, it would be a huge win :)

 
 

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