Apple (AAPL 1.27%) has faced its share of challenges since the stock hit a record high above $700 per share last fall. Following its dramatic fall from that peak, many have wondered if the stock now represents a value... or a value trap. Particularly with Google (GOOGL 0.55%) continuing to trade near its highs, the comparison between these two tech behemoths is hard to escape.

In the video below, Fool.com contributor Doug Ehrman discusses the relative value of Apple in its own right, and looks at some pros and cons for the stock.