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A comment on Apple Reports Declining Profits and Slowing Growth Again. Parent comment

Re:Apple Reports Declining Profits and Slowing Growth Again by mort96 on Tuesday July 30, 2019 @11:00PM (#20571371)
I was commenting on the idea that "for Apple, [these numbers] are sort of a disaster". I agree that Apple changing from a growth company to a static company is interesting to investors.
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Re:Apple Reports Declining Profits and Slowing Growth Again by bitcoinbutter on Tuesday July 30, 2019 @11:50PM (#20571578)
Disaster is certainly hyperbole. It would imply their business is in jeopardy or something. All this means is a lower P/E ratio in the future. Apple has an absurd amount of cash on hand, and are still earning huge profit.
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Re:Apple Reports Declining Profits and Slowing Growth Again by leereeves on Wednesday July 31, 2019 @07:34AM (#20573456)
> All this means is a lower P/E ratio in the future.

Apple's P/E ratio is around 17, which seems perfectly reasonable for a mature company these days. Investors aren't expecting growth.

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