Apple’s Blowout Earnings Prove Its Shares Are Cheap (Jon Markman, Contributor/Forbes: Money)

Jon Markman, Contributor / Forbes: Money
Apple’s Blowout Earnings Prove Its Shares Are Cheap – Shares are insanely cheap. Buy Apple into weakness. Executives at Apple (AAPL) reported last week that sales in the fourth quarter rose to a record $123.9 billion, with gross margins of 43.8%. And the gains came despite a tangled supply chain. Shares are insanely cheap. Buy Apple into weakness. Executives …

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