Apple Shares Now Nearly As Cheap As Microsoft: Which Would You Rather Have?
December 20, 2012 at 09:04 AM EST
That’s right. With the recent share price plunge in Apple (AAPL), from over $700 to around $525, the stock is rapidly approaching the valuation of 1990′s tech darling Microsoft (MSFT). While clearly facing near-term headwinds, both on the product side (a narrowing of their technological lead over rivals) and the financial side (fiscal cliff, tax-related selling before year-end), among others, I find [...]