2015考研英语阅读苹果股价合理吗_大学英语阅读

2015考研英语阅读苹果股价合理吗

　　Most analysts remain committed fans of the shares. Some claim that a 1 trillion dollarvaluation could soon be possible. The bullish case runs as follows. Apple has low penetrationin the personal-computer and smartphone markets, and can hook millions more customers inemerging markets like China and Brazil. Although questions remain over how much ofApple s innovation was due to its magician-in-chief, Steve Jobs, who died last October, thelaunch of the new iPad has calmed nerves somewhat. Apple is poised to enter new arenaslike television and mobile payments.

　　大多数分析家们仍然看好苹果股票。一些分析家宣称，苹果市值有可能突破1万亿。其理由如下。尽管苹果在个人电脑和智能手机市场中的市场渗透率较低，但其在如中国和巴西这样的新兴市场中能吸引数百万的顾客群体。尽管有人认为苹果总裁乔布斯的去世意味着苹果的辉煌将一去不复返，然而新一代iPad的销售业绩证明了这种怀疑是毫无意义的。而且，苹果打算进军如电视和掌上支付这样的新领域。

　　The firm still has a ton of cash to invest in new products and ward off emerging threats.Horace Dediu of Asymco, a data-analysis firm, has estimated that even after the dividendpayout and any buy-back activity this year, Apple could still end 2012 with over 35 billiondollar more in the bank than it had at the end of the previous year. With an historicprice-earnings ratio of 22, shares are not as dear as you might expect, and look evenmore attractive when the p/e is calculated based on forward earnings. Apple s revenuesare forecast to grow by at least 51% in fiscal-year 2012 and by 23% in 2013, according toMorgan Stanley.