"The stock has been artificially inflated for too long and this was bound to happen some time." Actually, Apple's P/E ratio has been fairly modest for a long t

"The stock has been artificially inflated for too long and this was bound to happen some time." Actually, Apple's P/E ratio has been fairly modest for a long time, especially compared to other tech companies that don't rake in as much cash. Microsoft's P/E is nearly 15, compared to Apple's 12.