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Even at $700, Apple is not a bubble — Felix TV
Wednesday, September 19, 2012 22:42
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Good job, Felix! He gets it and provides a really cool graphic to prove it.
…This is the way sensible markets work. You start with high [PE] ratios with a low valuation and you move up to low ratios with a high valuation…. although Apple today has the same valuation as Microsoft did back in 2000, Microsoft in 2000 was an unsustainable bubble…..Apple today looks much more solidly valued.
Amen, Felix!
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2012-09-19 22:38:16
Source: http://macromon.wordpress.com/2012/09/18/even-at-700-apple-is-not-a-bubble-felix-tv/
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