dubtheunforgiven
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The green car is a concept car that one of Apple's newest automotive hires designed previously. Bit of an an inside joke by AppleInsider.
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"If you could not understand the fact that P = EPS*(P/E), which in turn is what I was referring to, I really don't know what to say.... except 'Oh boy.'" All you did was define Price and then say 'Oh boy'. You did not actually refute what I said o…
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"The mistake you're making is in assuming that the P/E remains the same as before." The P/E has no effect on net income, and therefore no effect on e/ps. Apple will earn what it earns regardless of what multiple the market assigns to the stock pri…
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"(There is, however, a totally lame/bogus argument often made for repurchases, which goes as follows: that you can increase EPS by lowering the 'S'. Don't buy it.)" When you are looking at diluted e/ps, this is usually the case. Apple is different …