While the stock has been on a tear, it’s still arguably very cheap when measure on a trailing price to earnings ratio. Apple’s PE is 15.3 right now, which is less than Google at 21.7, Amazon at 92.6, and Netflix at 66, to name three hot tech stocks. (It’s better than Microsoft, which is at 10.)
Apple? It posted revenue growth of 82% on a year over year basis.
Thanks to reader David Boudreau for the idea to run this chart.
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