$AAPL Bears-would it really be that shocking for AAPL to reach the PE of MSFT or GOOG? Or even a lowly PE of 25 ($297)? With buybacks on their side (eps goosed for who knows how many more years)? Might happen. I wouldn’t bet against services growth, and all that implies for underlying hardware. It’s a multiple changer, imo.
  • 13