Monday, December 17, 2012
What Does it Say That Samsung and Apple Have Roughly the Same Multiple?
It seems interesting that according to data pulled from Bloomberg's site Apple and Samsung are trading at virtually the same earnings multiple. One would think that if Apple is losing share to Samsung then Samsung would have a higher multiple. Samsung has been advancing as Apple has declined, but given the low multiples across large cap tech, does Apple's decline say more about the company or the industry?
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