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Apple has been said to be doomed as long as I can remember.

Somehow it’s great to be underestimated continuously. But on the other hand the stock takes the toll with a low PE ratio (compared to other tech stocks)

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A P/E of 17 is perfect for a great company, in my estimation.

the problem is that it looks like growth has stalled.

Revenue up 17% YoY, Net Income up 40% YoY up from the largest profitable base is not stalled growth.

I think she/he was saying that a PE of 17 looks like growth has stalled, which is evidently not the case. All other tech companies have higher PE due to expected growth. With Apple it is always hindsight, since 15 years

Please help me understand by substantiating the statement. Thanks.

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