Apple (AAPL) is being valued solely on the basis of its existing line, writes Asymco's Horace...

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

Apple (AAPL) is being valued solely on the basis of its existing line, writes Asymco's Horace Deidu, meaning the value placed on future products is zero - it's like pricing Pixar solely on the revenues of its current movie. In this lies opportunity as the market fails to understand "that predictable success in product development is possible... the premise of the stock market today is... being innovative in technology is meaningless."