The Effect of Restatement of iPhone Subscription Income on Apple’s P/E Ratio

Apple trading below 20 P/E (18.9 today vs. 33 pre-re-statement)

It had dropped to 11 in early 2009.


Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: