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.
Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.