BTW, Apple's stock is crashing

businessinsider.com

8 pointsmoubarak3 comments

Nice bit of chart manipulation by Blodget, but if you look at the 12 month view, you see that it's not an abnormal hump:

http://ycharts.com/companies/AAPL

If you follow Apple at all, you'd also know that Apple's P/E ratio has been extremely low for the entirety of the iPhone's history.

In this chart, the historical P/E is the blue line:

http://www.asymco.com/wp-content/uploads/2012/10/Screen-Shot...

Haha ... he changed the headline to "Why Apple's Stock is Dropping" and rewrote copy to soften his claims but the CMS retained the earlier "crashing" reference in the URL slug and title element.

I'm sure if they release a 7" iPad we'll see a bump. I'm totally confused that the author totally ignored the upcoming event on October 23 where it will be announced: http://www.reuters.com/article/2012/10/12/us-apple-miniipad-...

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