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Strategies & Market Trends : Young and Older Folk Portfolio
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To: chowder who wrote (7248)8/1/2024 5:32:20 PM
From: cemanuel  Read Replies (2) of 21900
 
AAPL beat on earnings and revenue but the market isn't impressed, at least so far.

A 35 PE for a company growing 5%/year isn't that impressive. Nice that they beat but IMO they need to get back to double-digit growth to sustain the price (though I'm sure the buyback-fest continues).
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