AAPL Net Income. $9.5 Billion
AMZN Net Income. $181 Million
AAPL Earnings per share. $10.09
AMZN Earnings per share. $00.18
AAPL Net Profit Percentage 21.78%
AMZN Net Profit Percentage 1.12%
So how do the Wall Street Pros report these results? Like uninformed Bezos Bozos that’s how! It’s a hard reality to get one’s arms around.
Look at the typical Apple Headlines. “Is Tim Cook cooked?” Or “Apple doesn’t announce 5 inch iPhone – The Company is doomed.” How do the Institutional Investment Funds view Apple? At the Closing Bell today, Apple traded at a forward P/E of 9.26. And amazon.com? At The Closing Bell, Amazon traded at a forward P/E of 3380.83.
Wall Street punishes a company with Record Revenue in the Quarter, Record sales of two of its four primary product groups, maintains stable sales of a third, and has 70% market share in the fourth. Like i said, share price has been shaved 44% since its all time high achieved just seven months ago.
At the same time, Wall Street rewards a company with one third the revenue and 56 times less income by bidding up the share price to near its all time high. It really seems like Alice climbed out of that Rabbit Hole, walked through the Looking Glass and turned up living on Wall Street.
Joe Benevides
Macs4newbies.com
Post a comment below…
