a***y 发帖数: 19743 | 1 我觉得有理。
Felix Salmon:
Apple is trading at an astonishingly low valuation, with a p/e ratio in
single digits, because it has now become that animal investors like least: a
slow-growing tech stock. Either one is fine on its own, and both slow-
growing stocks and fast-growing tech stocks can support much higher
multiples than Apple is seeing right now. But conservative investors, who
like slow-growing stocks with high dividends, are constitutionally
uncomfortable with the volatility inherent in the tech world. And technology
investors, who are happy taking that kind of risk, want to see substantial
growth. Apple, notwithstanding the fact that it’s one of the most valuable
companies in the world, is falling through the capital-markets cracks.
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