  Apple shares fall in after hours trading  Gross margins for
Apple during Q4 were 40.3 percent.   Apple shares are down over
$26 in after hours trading.  Sources: Apple, CNBC  Comments    
Threshold   RE: seems high By TakinYourPoints on 10/19/2011
6:31:23 AM , Rating: 2 It isn't overvalued based on any
technical or fundamental metric. It is surprisingly lowly valued
for a tech. It's PE and PEG ratios are below other major techs
like Google, Amazon, and Oracle, and growth continues to
accelerate at a fast rate. The stock price is actually
conservatively justified by its gross revenue and net profit.
Investor sentiment is not running it up irrationally, it is
actually holding the price down based on fear that it is running
ahead of itself. This is why you see consolidations for long
periods of time like bouncing around the $300 level for almost a
year before another leg up, even though its profits have long
justified the price that it is at now.  The same actually
applies to IBM. It has had a similar run up