I hear Serious Materials is experiencing phenomenal growth, too.
Trolling, trolling ...
Classic bubble... Lower revenue, lower profits, lower profit margin than Microsoft, yet a higher P/E and valuation. Add in the fact that Apple’s losing market share to Android, after barely breaking into the top 3 in terms of phones, and it’s in a bubble.
Yeah, the Apple fans will come on here and shout me down about how it’s all about profits; but what about Microsoft and Google, both of which have higher profit margins than Apple?
Apple’s really good at marketing their latest iMustHave to their existing customer base, and churning that cash on the same group. But their actual penetration in the smartphone market - or PC/computer market - is virtually unchanged over the years. They’re a bit player in both.