AAPL: Apple's Innovation Is Stronger Than Ever, Valuation Very Attractive

Apple's Innovation Is Stronger Than Ever, Valuation Very Attractive
by Ashraf Eassa

It's quite ironic that despite the cries that Apple (AAPL) has seen its "innovation" wane, nothing could be farther from the truth. Apple is innovating very heavily on the engineering side, even if it isn't putting out a radically new form factor or device. Unfortunately, investors are generally not as swayed by low level technical innovation as they are by the "innovation" that happens at the device/form factor level. Nevertheless, Apple shareholders should be aware of the fact that Apple is still a very innovative company, but just not in a way that the masses can appreciate. read more »

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