Tuesday, January 4, 2011

Is Apple the Rodney Dangerfield of tech companies? - Fortune (blog)


Is Apple the Rodney Dangerfield of tech companies?
Fortune (blog)
"Why does the market dislike Apple?" asks Oppenheim's Yair Reiner in a note to clients issued Monday. "It typically grants companies with 70% EPS growth and plenty of runway a premium valuation. Apple is valued at 14x (ex-cash)—like the S&P. ...

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