Not too many businesses have a P/E ratio of 34 with a market cap of 150B. It's a...

diego on July 18, 2008 | parent | context | favorite | on: Why Silicon Valley Should Be Worried

Not too many businesses have a P/E ratio of 34 with a market cap of 150B. It's a matter of expectations, they were expected to grow more than they did and the stock price had those expectations priced in.