# Prof. Aswath Damodaran on Apple's most recent earnings report

1 Faculty News May 6, 2014 ![The Irish Times logo](/sites/default/files/styles/246w/public/assets/images/con_030744.jpg?itok=czTMA8lr)>

Excerpt from [Irish Times](http://www.irishtimes.com/business/sectors/technology/apple-report-is-much-ado-about-nothing-1.1784197) -- "Investors liked Apple’s latest earnings report, driving the stock from $525 to $600 (€379-€433). The big question, according to renowned valuation expert [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/a-michael-spence), is why. Damodaran, an Apple shareholder, valued the company at $649 prior to the earnings report and $648 afterwards. There was nothing new; it reported low revenue growth and continued pressure on margins while the announcement regarding stock buybacks and dividends had little impact on Damodaran’s valuation."

[Read more](http://www.irishtimes.com/business/sectors/technology/apple-report-is-much-ado-about-nothing-1.1784197)