I don't know that I agree with you there, but you certainly entitled to your opinion. PE ratios aren't necessarily the best indicator anymore given the market's continual tendancy to overvalue (based on PE that is). Most analysts and advisors are listing Apple as a buy or better and have target prices above where they are selling now (though you might be smart not to heed the collective opinion of these types). I guess what I'm saying is that it isn't as cut and dry as trading off of PE ratios. Or trends. Or balance sheets. Or analyst advice. Or any single piece of information.Originally posted by 3rdpath
if you want to buy as an investment-i don't think now is the right time. IMO, its gonna have to drop below $20/share before its attractive again ( or their earnings are gonna have to go ballistic!).