Where Are Apple’s New Toys?
- Tuesday, February 4, 2014, 17:08
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I’m agnostic on Apple. Yes, it’s awash in liquidity, a cash flow machine selling no higher than 12 times earnings with a free cash flow yield near 8%. If a value trap, we’ll know soon enough.
http://www.forbes.com/sites/martinsosnoff/2014/02/04/where-are-apples-new-toys/
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