With Apple‘s days of high growth appearing to come to an end, amid shrinking iPhone shipments and headwinds in the Chinese market, the stock trades at a forward price-earnings multiple of just over 10x, implying that investors are increasingly viewing Apple as a value bet. While tech stocks aren’t usually associated with value investing, we are seeing an increasing number tech names – ranging from semiconductor bellwether Intel to enterprise tech giant IBM – contend with growth headwinds, as their respective industries mature and they face competition from smaller peers. Below, we compare Apple’s key valuation metrics with other mature technology stocks.
from Forbes – Tech http://ift.tt/1U5lmEE
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