It's no secret that Apple's (AAPL +1.52%) stock has taken a severe beating over the past few months, with an extra large chunk being taken out after the company reported earnings this month. Decreasing gross margin scared off many investors; Apple is supposed to be the titan of gross margin after all, right? In this video, however, Motley Fool tech and telecom analyst Andrew Tonner tells us to look at another one of Apple's numbers: its tablet market share. He notes that locking customers in to the phone/tablet shared ecosystem makes for an extremely sticky consumer experience, and at this insanely low multiple, Apple looks deliciously cheap.
Yet Another Reason Apple's Still the King of Tech
By Andrew Tonner – Jan 31, 2013 at 8:25PM
NASDAQ: AAPL
Apple

Market Cap
$4.1T
Today's Change
(1.52%) $4.24
Current Price
$283.09
Price as of December 1, 2025 at 3:58 PM ET
One more sign that Apple is shockingly undervalued.
About the Author
Andrew Tonner is a senior tech specialist for The Motley Fool. He is a graduate of The University of Arizona with a degree in Finance. Follow @andrewtonner