Apple (NASDAQ: AAPL)has been dominating the headlines lately after the stock took a significant dip as the sales outlook for the company diminished for once as higher costs and increased competition is finally taking a toll on Apple as they are losing a significant share of the smart phone market to Samsung, Google (NASDAQ: GOOG), Microsoft (NASDAQ: MSFT), and other major competitors, a sector they once dominated. Amazon (NASDAQ: AMZN) is another huge company and an interesting play to watch as they expand their business into other sectors, most recently the smart phone market going head to head with Apple. Amazon already has it’s own tablet which competes against the iPad so this was just the next step for Amazon to challenge Apple once again. As a result, we thought it would be interesting to compare the valuations of both companies.
First consider these headlines:
Fortune: “Amazon profits take a dive“
Than ask yourself: “What is wrong with this pictures?”