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Saturday, December 29, 2012

Apple price

Now at 509 with PE11.54, if look at PE15, price will be 661.

iPhone is a great product, great market as everyone needs a phone. But other products won't never repeat this success story, eg. iPad, not everyone needs it, lower margin too; iTV, 1 or 2 per household only; also consider competition. So I think Apple the best is to maintain ability to generate cash, never be a rapid growth company any more. 

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