Apple's (AAPL) market cap passes $500B, making it the the first U.S. company to top that level...


Apple's (AAPL) market cap passes $500B, making it the the first U.S. company to top that level since Exxon in 2008. Apple has risen 34% in 2012, but with a PE multiple of 12 times this year’s expected earnings, a new iPad and possibly phone on the way, not to mention a potential dividend, the bulls are charging. Shares +1.4%.
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Comments (2)
  • JackTheZhang
    , contributor
    Comments (54) | Send Message
     
    Are people buying calls and pushing with longs at the same time? Cmon fellas, at least wait to see what the third iPad will look like.
    29 Feb 2012, 11:41 AM Reply Like
  • The Sane Investor
    , contributor
    Comments (354) | Send Message
     
    For further evidence of how Apple can continue to outperform, one should consider that with the transfer of 30% ownership of the company to AAA bondholders, AAPL could increase their return on equity by 2.5 percentage points. This combined with their already attractive valuation on a price to earnings basis demonstrates how the stock could continue to climb much higher.

     

    Article: http://bit.ly/w3hLu1
    29 Feb 2012, 01:44 PM Reply Like
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