Apple's P/E 116!
Whoa! A quick check of Apple’s chart shows the company has a whopping P/E of 116.84f! Holy Thank-Goodness-For-All-Those-Cash-Holdings, Batman!
Editor - The Mac Observer
Favorite (but less relevant than it used to be) Quote: Microsoft’s tyranny lies not in its success, but in the way it achieved and maintains that success.
It’ll be much lower by the end of the fiscal year. Remember, Apple did bleed some red earlier… which is devastating to PE’s.
I dont know where they age getting the eps of 114 from. for the four quarters ending in june, apple earned -.15 which would give it a N/A eps. In fact it will get worse, if apple earns the same next quarter as they did this one, its eps will be -.30 for the year. however, 2 quarters from now, if eps remains about the same, theyll go from -.30 to +.60 eps which at $20 a share is about 33 p/e