Apple P/E Briefly Drops to 20
by Horace Dediu
Apple's Price/Earnings ratio (trailing twelve months) based on restated (non-subscription) accounts.

Grey line is P/E ex-cash.
by Horace Dediu
Apple's Price/Earnings ratio (trailing twelve months) based on restated (non-subscription) accounts.

Grey line is P/E ex-cash.
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