It's no secret that Apple's (NASDAQ:AAPL) 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.

Andrew Tonner owns shares of Apple. The Motley Fool recommends, Apple, and Google. The Motley Fool owns shares of, Apple, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.