The John Johnston Lounge Aswath Damodaran: Greatest Cash Machine IN HISTORY, But...
I react to a recent interview with Prof. Aswath Damodaran from NYU, Wall Street’s “Dean of Valuation", who discusses Apple stock (AAPL). Could Apple’s iPhone business be running out of juice? Damodaran acknowledges the Apple has been the greatest cash machine in history, but what about Apple as a future growth stock?
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Referenced video:
CNBC: The smartphone business seems to be running out of juice, says NYU's Aswath Damodaran
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Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision