Locator: 48810APPLE.
I think talking heads are focused on the wrong thing. I used to think the same way. Then I had an epiphany. And then things changed.
Most say the stock is too expensive (P/E). Apple's P/E has historically ranged between 27 and 34.
Today:
This past month:
From the April lows:
Services has nothing to do with sales of new iPhones or AI. Services has to do with 2.35 billion active Apple devices worldwide.
Okay. Maybe I should be investing in McDonald's. Or Macy's. Or Ralph Lauren.
