It's basic arithmetic: Apple (NASDAQ:AAPL) is a screaming value, even after its shares have risen nicely over the past few months. The numbers simply don't lie. From a pure valuation standpoint, the tech giant currently trades at a massive discount to its peers and the broader market, and that's before backing out the value of Apple's massive hoard of net cash and investments, which total about $130 billion in all. When taking this into consideration, Apple's current valuation simply breaks down from what's actually taking place at the iEverything maker.

Of course, this is great news for investors today, especially when you take into account what's likely to come in the next several months.

In this video, tech and telecom analyst Andrew Tonner runs through Apple's rock-bottom valuation and argues that now's the time to buy this tech giant.