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Back in 2003 $
was trading at $7.03 a share. It had about $8 per share in net cash. By 2015 AAPL could trade at cash again (~$275) $
J. A. Saglimbeni
That would be something, but back then it was paying a dividend and was just rising from the dead...now the story is different...DGI future.
But market sentiment is roughly the same now as it was back then. I think AAPL's p/e should be the same number as its growth rate...
...that would put AAPL's PROPER price @ ~$750. AAPL is the world's best megacap bargain.
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