Apple now trades at a higher Forward P/E than NVIDIA.
Forward P/E: Apple: 34.3X NVIDIA: 34.1X Source: FinChat @finchat_io $AAPL $NVDA
Apple = Unstoppable 📈 $AAPL has now made a new all-time high in 11 of the last 13 trading days
Source: Barchart
Apple now trades at over 41x earnings, its highest P/E ratio since 2007 (first iPhone was released).
When Berkshire Hathaway started buying Apple in 2016 it was trading at less than 10x earnings. Berkshire sold 67% of their stake this year. $AAPL Source: Charlie Bilello
$AAPL Apple’s total revenue increased 2.02% from the previous year in 2023.
The stock price rose 28% while the valuation has hit a record high 40 (P/E) Source: The Coastal Journal
$3.7 TRILLION BABY...
Apple $AAPL is the first company to have a market cap larger than $3.7 Trillion Source: Evan @StockMKTNewz
The outcomes of reshoring are already becoming apparent.
Thanks to chipact, the US can benefit from Taiwan Semiconductors $TSMC knowhow in Mobile processors on their home turf. TSMC Arizona is shipping wafers now. Source: 🌿 litho @lithos_graphein on X
Glowtime Day: $AAPL PEG ratio high at 3.03x
Below a SP500 heatmap with PEG ratios... Source: Mike Zaccardi, CFA, CMT, MBA, Bloomberg
Here’s a full breakdown of the $AAPL iPhone 16 and 16 Plus Price starts at $799 and $899 for the Plus
Source: Stocktwits
