Quote from Specterx:
Indeed.
In general, you have to ask yourself why on earth you'd want to be invested in perhaps the world's most well-known and popular stock, into which everybody and his brother with an Etrade account is pouring cash. Add that consumer electronics is a finicky, volatile, and faddish industry like no other.
Why is AAPL trading at a PE of only 15? We're so deep into the 'public participation' phase it ought to be in the 30s. The market knows something we don't and I suspect it's pretty dramatic.
Appleâs Stock May Not Be as Cheap as It Looks: Jonathan Weil