For part 2 of the Trillion Dollar Company Conversation, valuation guru Prof Damodaran goes into the fundamentals of Apple and Amazon and asks the simple question; Buy, Sell, or Hold?
> While it is undeniable that both companies have been successful over the last two decades, their operating paths have been very different, with Apple using the iPhone to generate ever-increasing operating margins and huge positive cash flows, and Amazon evolving into a disruption platform, entering new businesses and posting high revenue growth, often at the expense of higher margins. I value both companies and find Apple mildly overvalued (by about 9%) and Amazon significantly so (about 35%)
