Description: Despite concerns that Apple is no longer innovating, investors (including Carl Icahn) can’t ignore the attractive valuation and $147 billion in cash.
Source: CNNMoney.com – video report
Date: Sep 10, 2013
Link: http://money.cnn.com/video/investing/2013/09/10/investing-the-buzz-apple-iphone.cnnmoney/index.html
Questions for Discussions:
- Do you think Apple is a good buy, now that investors have further reduced valuations upon seeing the “new” iPhones?
- Why is the cash on hand so attractive to investors?
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