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https://www.barrons.com/articles/apple-stock-price-expensive-valuation-a7fb67b

Apple’s Expensive Valuation Seems Perplexing. These Factors Explain It.

By
Jacob Sonenshine
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Apple CEO Tim at the company’s Worldwide Developers Conference in Cupertino, Calif., this month.

Josh Edelson/AFP/Getty Images

Apple stock, rising in value toward $3 trillion, is one big reason the S&P 500 is up 15% so far this year. That makes the valuation, always high relative to the broader market, worthy of a close look.

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