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by writetoalok 1692 days ago
And what would you say for the behemoth that is $AAPL?

We have had better iPhones for 10+ years … and maybe the iPad, Watch and Airpods… this from the richest gizmo company.. No Apple Car… Pervasive Health product is a long way from the current watch

Now tell me again about $TSLA valuation ?!

3 comments

I started investing in AAPL around 2005. I remember prevailing repeated opinion back then was that the stock price would soon tank to oblivion because of some kind of Traditional Accounting Principles technobabble. Nowadays everyone is singing praises about how AAPL is one of the best stocks to own ever.

I see the same thing happening with TSLA nowadays. Not saying AAPL back then and TSLA today are directly comparable, but a lot of the naysaying about TSLA today is again, often about some kind of Traditional Accounting Principles thingamajig.

AAPL's P/E ratio is like 30 at the moment. The average for the S&P 500 is 20 and AAPL's isn't much higher than the rest of the industry.

TSLA's P/E ratio is 533. It's far beyond its segment and the irrational exuberance of the tech industry.

apple has a 25% profit margin and did 275 billion in gross revenue last year, will likely be >300 billion this year. It's the most profitable company in the world and top 5 in overall revenue. Tesla isn't even in the top 50.