Apple (AAPL) Shares Are Not Attractive Here
It’s nice to see AAPL shares pull back. Yet, why pay 27x EV to trailing cash from operations for a company with a shrinking revenue base (despite price increases) and shrinking cash flows?
It’s nice to see AAPL shares pull back. Yet, why pay 27x EV to trailing cash from operations for a company with a shrinking revenue base (despite price increases) and shrinking cash flows?
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