OneLongTrade: ^ P/E is a terrible measure because CRM has a 1500+ P/E and no profits, AMZN has 100+ P/E and declining profits.
3/28/12
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OneLongTrade: I agree in relation to everything else, AAPL is cheap. But I counter with the rest of the market is way too expensive and AAPL is just right
hotnutsjesus: Just wanted to inform you guys that AAPL can report earnings before most companies and before they actually make them, so P/E isn't great.