“This Stock will Change Early Investors LFE‼️”
AAPL is unattractive at current valuation due to ~10% growth vs 29-34 P/E; needs faster growth or heavy buybacks for double-digit returns.
So, we'll give you a very good example of one of the most beautiful business models ever, which is Apple, right? Apple, a fantastic growth company over the past 20 or 25 years, no argument there, right?
Think about it. Steve Jobs returned to Apple in the late 1990s and stabilized the balance sheet. He was already a proven and competent CEO , wasn't he? Now, they have also stabilized their computer business, gotten rid of some bad businesses and products, and launched the iPod and iTunes store.
And then , things started to go wild around 2003, didn't they ? Thus, at that moment, they already had a very stable business model.