Software PE ratio is about twice that of hardware. What is the basis?

Software PE ratio is about twice that of hardware. What is the basis? A reader once asked me when I discussed the valuation of the software industry on section 3-2 of my book “The Rules of Super Growth Stocks Investing.”

Steve Jobs’s Apple innovation gone with him?

Has Apple’s innovation gone with Steve Jobs? As long as people have mentioned Apple (ticker: AAPL), the most frequently mentioned sentence is that after the loss of Steve Jobs, Apple has not innovated products in recent years.

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