The Fool doesn't see -8.2% as an Apple buying opportunity
"Since Apple's stock price has grown faster than earnings, its price-to-earnings (P/E) ratio soared to sky-high levels relative to its historical average."
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.]
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