Apple stock performance under Steve Jobs

I don't think the stock price does reflect Apple's performance under Jobs.

Apple's performance has accelerated at a much faster rate than the share price would indicate. Apple is massively undervalued if you ask me.

For instance, Exxon Mobil has a price to earnings ratio of 9.36, whilst Apple's is 14.93. That's a big difference two companies with very similar market caps.

Not only that, but Apple has a profit margin of 23.5% whilst Exxon Mobil has a profit margin of 9.66%. Much more of Apple's earnings are staying in their accounts compared to Exxon.

If Apple's stock same price to earnings ration as Exxon Mobil then Apple's market cap would be 550bn, compared to Exxon Mobil's 345bn.



The market have not been able to keep up with Apple's meteoric rise - it scares them to chase the share value up too quickly.

Hope his health goes like that too