Re:Apple forced to make major cuts to Vision Pro headset pro...
by itsoktocry on Tuesday July 04, 2023 @10:46AM
(#36587447)
>I'm probably misunderstanding aspects here though.
Yes, it's not as simple as "the company will make profits, therefore it's worth a lot".
Apple's expected forward p/e is ~28 over the next five years, which means if you believe that and buy now, you can expect an average return of 3.5%. How much you expect future earnings to grow determines if buying now is a good deal or not.
Yes, it's not as simple as "the company will make profits, therefore it's worth a lot".
Apple's expected forward p/e is ~28 over the next five years, which means if you believe that and buy now, you can expect an average return of 3.5%. How much you expect future earnings to grow determines if buying now is a good deal or not.