ramanpfaff

I agree with some of the prior comments, the analysts and their questions were ridiculous. If you run a company and get asked, "do you plan to buy any big companies in the future?", what should he say? Tim said the obvious...we are always looking at things.

The P/E of AAPL hasn't really changed much in the post-Jobs era (see image). It's been flat since the end of 2011. You could even say that under Jobs it was crashing from 2005 to 2011. It's been undervalued for many years, and many people try to explain it (no real answer). Overall, I'm happy with the report. I'm a big investor in AAPL. Yes, it has it's ups and downs, but long term it has been amazing. Combine that with the 10% yearly increase in dividends and it is becoming a really nice stock. YTD the AAPL stock has gained 9%. In the past 5 years it's 103%, and in the past 10 it's 900%.

I personally can't complain about the numbers, and am looking forward to the next dividend payment on Nov 10.