Despite a 20% fall in the share price, Apple remains $AAPL (-0.47%) remains ambitiously valued with a forward P/E of 30.
The iPhone remains a revenue driver and the Services division is growing solidly 📈. Apple wants to expand into new markets with Vision Pro and AR/VR. But does this justify the valuation?
Question for you: Are you taking advantage of the correction to get in, or is the share still too expensive? 🤔
For me, it is still too expensive for future growth, or I see greater opportunities. Amazon $AMZN (+0.51%) and Google $GOOGL (-1.23%) would be my clear preference for big tech.