Amazon and Apple – stock price and P/E.

Philip Elmer-DeWitt for Apple 2.0 at Fortune:

Amazon, which reported its June earnings on Friday, hasn’t turned a profit for three quarters in a row — a performance that Wall Street rewarded by pushing its stock to an all-time-high

Apple’s P/E ratio is around 10 or 11…Amazon’s is at infinity – read: isn’t measured anymore, but it was around 2800 at the end of last year.

Read the whole thing at the source link. It’s interesting, especially the graphs.

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