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发表于 2013-4-23 11:27 PM
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AAPL's value should be $600...I am long AAPL :)
They are returning $100 billion by end of 2015. $60 billion is share buyback, $40 billion is dividend.
Based on current market cap, they are retiring around 15% of shares outstanding, that means EPS will be increased by 15% on buyback alone.
The problem is clearly falling profit margin, I believe it will stabilize at current rate of 22%, which is still higher than Samsung's 18%. |
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