Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Apple Is Overdue for a Haircut

TheMotleyFool

0 0

Call it a correction, a fall, a bubble popped. Whatever your preferred terminology, Apple (NASDAQ: AAPL) shares are trading at incredibly lofty valuation ratios, and the stock is long overdue for a haircut.

I agree that Apple is an impressive company. Cupertino collected $275 billion of revenues over the last four quarters, generating $57 billion of bottom-line net income and $73 billion in free cash flows. These are huge numbers that suit a company with a market cap of $2.2 trillion.

However, Apple arguably reached a plateau in its business growth many years ago. Let me show you what I mean.

Source Fool.com

Like: 0

AAPL

Share