Apple shares dropped 14% on uncertainty from China supply chains and increased competition from Microsoft Surface, Google Nexus, Samsung Galaxy S3, and Amazon Kindle Fire. What makes no sense is that Apple is trading at 13.7x earnings - when the Christmas quarter is coming - when their earnings is the highest; and Johnson&Johnson $JNJ is trading at 23x their earnings.
| Range | 591.00 - 614.00 |
| 52 week | 363.32 - 705.07 |
| Open | 609.43 |
| Vol / Avg. | 36.37M/19.65M |
| Mkt cap | 567.28B |
| P/E | 13.68 |
| Div/yield | 2.65/1.75 |
| EPS | 44.16 |
| Shares | 939.21M |
| Beta | 1.22 |
| Inst. own | 68% |
Apple devices dominate each of their market segments.
When Amazon, Google, and Microsoft each under-performs the Christmas season, watch for $AAPL to re-bound.
Posts
