- Apple and Microsoft key fundamental value metrics trends have broken since early 2012 but prices have ignored this.
- Apple cash from operations trend abruptly changed from soaring to flat and remains there since the 1st quarter 2012. Microsoft went from slow growth to decline for the same periods.
- P/E ratios of both companies are appropriate for mature technology with slow growth. They are as much as 50 percent too high for no growth cash cows.
- Dividend yield rates for both companies are well below what they should be for no growth cash cows.
- Room for significant dividend hikes leaves room for share price advance even at a higher 3.3% yield rate.