Why Apple Inc. (AAPL) is Still a Great Company

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Disagree that Microsoft can still be called a competitor? Alright, let’s look at Google Inc (NASDAQ:GOOG). It’s Android phone and tablet system is the nearest competitor to Apple Inc. (NASDAQ:AAPL)’s iPhone and iPad line. Its market cap is similar to that of Microsoft, at $230 billion. It has a lot of growth potential, although its foray into the Chinese market will be met with some resistance from Baidu, China’s largest search engine. And its also relatively expensive, with a ttm P/E of 22.

Google, in other words, might be a good choice for growth investors but isn’t currently a strong choice for value investors. Apple Inc. (NASDAQ:AAPL) is good for both growth and value investors.

So don’t let Apple Inc. (NASDAQ:AAPL)’s recent stock-price drop scare you off. This is still a solid company with a strong future, and its shares are currently on sale.

The article Why Apple is Still a Great Company originally appeared on Fool.com.

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