Felix Salmon on Apple’s Valuation

Felix Salmon, commenting on Andy Zaky’s piece on Apple’s stock price:

All of which raises the obvious question: why is Apple trading at such a seemingly depressed level? I have a few ideas, none of which are particularly compelling.

By the way, a few readers have asked whether I personally own Apple stock. Good question. I do not. I don’t own stock in any companies that I cover regularly here on DF. I do own shares of an S&P 500 mutual fund.

★ Wednesday, 30 November 2011