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re: Apple App Store net rev declined -5% Y/Y in the month of Sept, its worst decline ever
Posted on 10/4/22 at 6:52 am to rickgrimes
Posted on 10/4/22 at 6:52 am to rickgrimes
AAPL has held up better than most tech/growth stocks, but it is very expensive now, by comparison.
It’s still priced above its 5yr average on a forward earnings basis, which seems crazy in this market.
It’s still priced above its 5yr average on a forward earnings basis, which seems crazy in this market.
1
Posted on 10/4/22 at 6:58 am to slackster
Probably why it’s the most heavily shorted stock right now
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