Apple's Painful Transition
Furious attempts going on to figure out how to value Apple (AAPL). Do you slap a multiple of 8x earnings on it, which is what people are doing right now, valuing it the way that 9.5% grower historically is selling? Does that make sense? Does it make sense even though it is growing at 18%?
Do you draw a line in the sand at the Intel (INTC) and Cisco (CSCO) 10x multiples, as they have slightly higher longer growth rates?...254 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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