Can Apple defend its premium at 36x forward earnings?
FROM THE WIRE · FINANCE.YAHOO.COM
Apple's 36x forward earnings valuation leaves little room for bad news. Craig Moffett, the Founding Partner and Senior Analyst at MoffettNathanson says slowing services growth, rising memory costs and iPhone supply limits are testing the story. He joins Bloomberg Open Interest…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralWith a high valuation, the stock leaves little room for negative surprises on services and costs.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Craig Moffett cites slowing services growth, rising memory costs and iPhone supply limits.
- 02Fourth-quarter guidance introduced some uncertainty.
- 03The new foldable drew interest but does not solve ecosystem questions.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets