Why does the stock market hate Apple? Check out these numbers, where
P/E means “price to earnings”, and
EPS means “earnings per share”. When a P/E ratio is high, it means Wall Street loves you for one reason or another, and when EPS is high, it means you’re making a lot of money (or at least a lot of money per share):
P/E EPS ----- ----- Google 25.6 34.6 Dell 18.0 0.8 Microsoft 13.0 2.6 Apple 12.1 40.1 Amazon NaN -0.2 # "p/e" is NaN because eps is negative
I can see how Google would be valued in a similar way to Apple, but their P/E is more than twice that of Apple. And Dell, which is going bankrupt and being bought out by private investors? Microsoft, really? Amazon, which is basically a non-profit?
Wow. Someone at Apple must have really done something to piss off Wall Street. I guess they make too much money?