[quote author=“superbaka”][quote author=“Quadra”]
Q. When does AAPL’s altitude finally reach a level where the oxygen is simply too thin to breath?  After all, trees don’t grow to the moon! 

Not unless we return to the early iPod days where AAPL’s PE was over 60.

Quick glance at bigcharts.com shows average PE at :

2004 : about 60
2005 : about 401
2006 : about 30
2007 : about 40
2008 : ???

If we press 50-60PE at any given moment, I think its clear we are running out of oxygen.

After the 25th, the PE will drop - giving AAPL plenty of room (oxygen) to work with.

HAB

[quote author=“HotAirBaffoon”][quote author=“superbaka”][quote author=“Quadra”]
Q. When does AAPL’s altitude finally reach a level where the oxygen is simply too thin to breath?  After all, trees don’t grow to the moon! 

Not unless we return to the early iPod days where AAPL’s PE was over 60.

Quick glance at bigcharts.com shows average PE at :

2004 : about 60
2005 : about 401
2006 : about 30
2007 : about 40
2008 : ???

If we press 50-60PE at any given moment, I think its clear we are running out of oxygen.

After the 25th, the PE will drop - giving AAPL plenty of room (oxygen) to work with.

HAB

Those were my thoughts exactly.

My calculations is that with an eps of 1 for 3rd Quarter it would put our ttm at 3.63 which would allow PE to drop to 41 and still have plenty of oxygen left. If we run up to 50 then the stock would be at 180.5

I don’t think we will get there until after January 08 and 1st quarter numbers come out.

[quote author=“superbaka”][quote author=“Quadra”]
Q. When does AAPL’s altitude finally reach a level where the oxygen is simply too thin to breath?  After all, trees don’t grow to the moon! 

Not unless we return to the early iPod days where AAPL’s PE was over 60.

Quick glance at bigcharts.com shows average PE at :

2004 : about 60
2005 : about 40
2006 : about 30
2007 : about 40
2008 : ???

If we press 50-60PE at any given moment, I think its clear we are running out of oxygen.

True enough Superbaka…  I don’t wish to suggest AAPL is finished (far from it in fact) ....  However, I continue to remind myself of factors affecting the continued breakneck share price growth…  Market Cap is up 55% since 21 March 2007 (4 months)...  From 80B to 124B…  Another 55%=192B (would make AAPL the worlds 24th largest company Google=162B; equivalent share price = ~221) , another 55%= 297B ( (would make AAPL the worlds 16th largest company;equivalent share price = ~343)...  Sure, those numbers are possible; however, the question is not IF the share growth will SLOW, but WHEN.

Always important to be mindful of the law of large numbers !