News for hackers. Stuff that matters.

A comment on Apple made more profit in three months than Amazon has generated in its lifetime. Parent comment

Re:Apple made more profit in three months than Amazon has ge... by _emacsomancer_ on Saturday May 12, 2018 @12:58AM (#17052555)
Also, a lot of profitability is in Apple's high margins. If that ceases to be a sustainable model....
[ Parent | on HN ]
Re:Apple made more profit in three months than Amazon has ge... by mrep on Saturday May 12, 2018 @03:27AM (#17052927)
Which is why Apples P/E is so low compared to compared to other tech stocks which I think is totally reasonable. I just got a Pixel 2 and like it more than my old Iphone 6S. With Apples profits so heavily tied to continual sales of 1 main hardware product line, their profit can tank in just a few years and thus I consider very risky.
[ Parent | on HN ]