Apple Is Still King Of The Universe
by Josh Arnold
Apple (AAPL) has been the subject of dozens of bull and bear thesis articles on Seeking Alpha in recent months. The company went from the most valuable company in the history of this country at $650+ billion to "only" $400 billion today. There is much hysteria regarding how "cheap" Apple is on one side whereas the other says the waterfall decline is warranted. Putting opinions aside, we can use one measure of profitability and management effectiveness to objectively ascertain whether or not Apple's management are getting the most from the company's assets. The metric I will use to demonstrate this point is Economic Value Added. read more »
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