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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Kip S who wrote (38715)12/19/2003 2:34:03 AM
From: Doren  Read Replies (2) | Respond to of 213173
 
Technical question:

finance.yahoo.com

Why does the P/E appear to be so high? Is this correct or is a P/E ttm different than some other kind?



To: Kip S who wrote (38715)12/19/2003 2:41:52 AM
From: Doren  Respond to of 213173
 
I think you see the added revenues factored in already. I think everyone who follows Apple knew there was a lot of pent up demand for faster computers and Quark so when they were announced in May/June you see Apple go up from what 12 up to 25 then people started taking profits. The added revenue from the G5s was no secret. Only the date. The question is will the demand continue after the pent up demand is satisfied? Looks like not that many people want to bet Apple can keep it going. Not many so far think that Apple can sustain the iPod or iTunes thing as competion keeps nipping at Apple's heels. At least that's what I think.



To: Kip S who wrote (38715)12/19/2003 7:53:55 AM
From: NAG1  Respond to of 213173
 
I think people are taking a wait and see attitude when in comes to apple. Apple has had a couple of false starts the past few years when it comes to increasing revenues and earnings. I think people looked at the music business and thought that would be apple's panacea but jobs burst that bubble.

Neal