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Hard to call $Apple (AAPL.US)$ undervalued or overvalued, it...

Hard to call $Apple(AAPL.US)$ undervalued or overvalued, it is just what it is. An indestructible moat, that now prints $100B in net income/year with shareholder value always top in mind through dividends and about $100B in buybacks a year. Their market share for all their products will only grow over time and once you are in the apple ecosystem, you typically don’t leave. How do you value the most iconic brand in the world that prints $100B in net income a year? You really don’t. Is it worth $3T, $4T, I don’t know - hard to even put a value on it. You just buy and hold on every dip and you will do well. To try and do basic math and define Apple to its PE is a bit foolish, because there really is no other company to baseline it too. Long Apple.
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