Putting Apple's (AAPL -1.4%) recent moves in perspective: the company entered 2012 with a P/E of...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Putting Apple's (AAPL -1.4%) recent moves in perspective: the company entered 2012 with a P/E of 11.53 (not counting its cash balance), and is leaving with a P/E of 11.69. But shares are still up 25% YTD, thanks to the earnings growth seen over the interim. Earnings are expected to rise 17% in FY13 (ends in September), and revenue 22%.