Comment by joseakle | Hacker News Reader

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Comment by joseakle | Hacker News Reader

Trefis thinks the stock is worth 361 [1][3], market price is 288 [2], the article says it reached 292, Trefis community average is at 410 [1].

There are 913.56M shares outstanding. Putting it's valuation at 263B. [2]

Which is around Microsoft+Adobe+Nokia or Intel+Google or IBM+HP

I´d short it if i knew how, i love mac, but this is just unsustainable.

Sources: [1] https://www.trefis.com/company?ovd_urlid=26389&hm=AAPL.t... [2] http://www.google.com/finance?q=NASDAQ:AAPL [3] All figures are US Dollars except when specified.

Ask a broker, but be careful.

AAPL is among a lot of stocks that have a long way to fall before their prices can be called reasonable, but it's difficult to know when they will do it.

sharebuilder will let you buy put options, which are probably a better idea than a naked short for most people.

Personally, I agree that Apple is way overvalued... but it is tricky to time these things. It could go up a lot before it comes down. I remember a quote "The market can remain irrational for longer than you can remain solvent" - I don't remember who said it, but it's good advice.

Keynes said it: http://en.wikiquote.org/wiki/John_Maynard_Keynes

The sentiment is quite similar to his other famous quote, "in the long run we're all dead".

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