Wednesday, August 3, 2011

BREAKING NEWS: USDA Recalls Ground Turkey

U.S. Department of Agriculture announces recall of 36 million pounds of Cargill ground turkey linked to California salmonella death

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Today in Slate: My Fake Facebook Birthday; Plus, Can a Heat Wave Make You Insane?

Today: August 3, 2011

Blackmail: It Works

Why the GOP's debt-ceiling victory was a generational defeat for liberals.

By David Weigel

READ FULL STORY | More News and Politics

My Fake Facebook Birthdays

What happened when I celebrated my Facebook birthday on July 11. And July 25. And July 28.

By David Plotz

READ FULL STORY | More Business and Tech

Renters From Hell

Airbnb and the limits of trust online.

By Farhad Manjoo

READ FULL STORY | More Business and Tech

Walter Kirn: Catch-22 Isn't Joseph Heller's Best Book

Devastating Photos of the Famine in Somalia

Sex Selection Happens in the U.S., Too. How Should Doctors Deal With Such Cases?

The Man Who Built the Computer That Beat Everyone at Jeopardy

When They Test Birth-Control Pills, Who Takes the Placebos?

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Apple's Cheap Stock

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Wednesday, August 3, 2011


	Apple's Cheap Stock After a rough start to the year, Apple's stock has bounced back, even breaking $400 a share before pulling back. While the stock has been on a tear, it's still arguably very cheap when measure on a trailing price to earnings ratio. Apple's PE is 15.3 right now, which is less than Google at 21.7, Amazon at 92.6, and Netflix at 66, to name three hot tech stocks. (It's better than Microsoft, which is at 10.) For some context, in the most recent quarter Amazon had 51% revenue growth on a year over year basis. Google had 32% revenue growth, and Netflix had 48% revenue growth. (Microsoft revenue was up 8%.) Apple? It posted revenue growth of 82% on a year over year basis. Read »

	Also On SAI Today:
	Mark Zuckerberg's Sister Leaves Facebook To Start A Company The Best Young Writers On The Internet This Former Bartender Is The Best Editor You've Never Heard Of Another Legal Opposition* Hits GroupMe, This Time For Potential Trademark Infringement