Apple: It’s all about the valuation by Dr. Brad Cornell Apple is now priced as if it is projected to have negative growth. Using a discount rate of 9%, which is probably high, if Apple can maintain its current earnings, the value per share comes to $102. But that ignores net cash. Apple has net cash of about $26 per share. That brings the total value to $128. Not an Ichan like number, but still a good deal more than the market price of $110. This implies that the market is predicting significant negative growth for Apple….
Apple is now priced as if it is projected to have negative growth
Guest Post
If you are interested in contributing to ValueWalk on a regular or one time basis read this post http://www.valuewalk.com/guest-posts-hedge-fund-letters/ We do not accept any outside posts or even ads on penny stocks, ICOs, cryptos, forex, binary options and related products.