man-bear-pig said:
Ouch...
After Hours: : 460.94 53.07 (10.32%)
Apple is severely undervalued right now
|
What the hell. I mean. Apple: 54 billion in revenue, 13 billion in profit on the quarter. Google: 14 billion in revenue, 2.89 billion in profit. Apple stock: 50 point hit in after hours trading. Google stock: 40 point gain on the day. Investors are not only crazy, they don't actually like companies to make money.
That being said, these prices are becoming very tempting to me right now. I hope the market doesn't rebound until just before Apple announces something new and I'm brave enough to actually buy some shares.