A Significant Product Differentiation

on May 15, 2013
Reading Time: 1 minute

Philip Elmer-DeWitt is calling him the man who figures Apple is worth $240 a share. I read his blog post and dove into his theory of ROIC. Something he said stood out to me.

Without significant product differentiation, Apple cannot maintain the ultra high profit margins and ROICs.

I don’t know about David, but I consider iOS a significant differentiation. I believe in Apple the company. It is just becoming harder to believe in Apple the stock.