$Apple(AAPL)$ AAPL's growth engine has re-accelerated — revenue growth of 16.36% and net profit growth of 27.12% in the latest quarter — but the valuation has expanded to the high end of its own historical range (forward P/E ~36x vs. a 3-year average of ~31.3x).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
