Apple: The Most Undervalued Equity in Techdom
Bret Jensen submits:I have written a myriad of articles recently on various technology stocks; both overvalued equities like Salesforce.com (CRM), as well as unloved tech titans like Microsoft (MSFT). In all the reading and research I have done on the sector, the one stock that stands out is Apple Inc. (AAPL). I have not found a single company that has grown revenues, earnings, and cash flow so consistently, with such a low multiple.Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players. In addition, it sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones,Complete Story »
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