Honestly, Apple is starting to look appealing solely as a dividend play. The 2.5% dividend looks to be VERY safe and you have an easy upside of over 100% while collecting that dividend.melveyr wrote: This brutal correction is so tempting. Today's drop was spurred by an inventory glut for one of their suppliers, indicating that Apple may be operating below prior internal projections... Still it is just so cheap.
However, it is impossible to forecast where they will be 10 years from now. I definitely can appreciate why many investors prefer more predictable businesses such as Coke (KO).
When you look at Apple's P/E and compare it to some of the other high profile tech companies, it's pretty cheap even if its growth does slow.