"Investors continue to puzzle over why they're paying a market premium of nearly 30-times past earnings on a company that's posted profit declines in the past three-straight quarters."
Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.]
2 years ago
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