I’m sure not an analyst, but doesn’t Apple’s P/E reflect the ephemeral nature of it’s products and business model? RIM was bulletproof until complacence about it’s corporate customer base and a few bad decisions left it a shattered corpse. Earnings today seem a small guarantee of future earnings. The nature of Google’s model seems more resilient, and self perpetuating. Other searchers have tried to take a bite of it’s lunch, with not too much success. On the other hand the iPad market is saturated and Android phones are extremely good, many like the excellent Moto G at a fraction the price of an iPhone.
5 Likes
