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Technology Stocks : Apple Inc.
AAPL 259.95-0.4%Jan 14 3:59 PM EST
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To: sandeep who wrote (137178)7/6/2012 4:01:45 PM
From: Cogito2 Recommendations  Read Replies (1) of 213182
 
I guess you have decided that goog, msft, amzn all making their branded phones/tablets won't hurt apple. Actually investors have decided over the last many months that almost all of these are going to suffer because of competition. So, the PE ratios of aapl, goog and msft continue to contract whatever be the growth.
AAPL is up about 50% since the first of the year, as of right now. That tells you what the market thinks about them vs. the competition.

All that competition hasn't hurt Apple yet, either in terms of sales growth or in profit margin. This is a demonstrable fact. You only have to look at the numbers to see that it's true. My opinion is that an Amazon phone would not change that.
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