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

To: Cogito who wrote (143543)	10/25/2012 7:03:28 PM
From: Win-Lose-Draw	4 Recommendations Respond to of 213182

I think it's time to consider that the law of large numbers is finally catching up to Apple right now. We knew it had to happen at some point. Growth rates are softening. Well my jaw just hit the floor...

To: Cogito who wrote (143543)	10/25/2012 7:10:30 PM
From: Kurthend	3 Recommendations Respond to of 213182

Allen, I agree with your statement regarding law of large numbers. Exceptions to the first sentence are the largest cell phone carrier in China, the situation in India, and most importantly, IMHO, new products that we don't know about. With that being said, even at an AH price of $609, the trailing PE is 13.7. Not really a bubble as some folks have suggested. Heck, MSFT sells at about a 15.5 PE and they don't have $120 billion in cash and cash equivalents. I really think a stock split is needed. I realize it has no bearing on the fundamentals or strategic growth plan of Apple, but it is psychological. Need a 10:1 IMVHO. Kurt