The main reason for a person to read Genre Fiction is for entertainment, for a riveting story, an escape from reality. Literary Fiction separates itself from Genre because it is not about escaping from reality, instead, it provides a means to better understand the world and delivers real emotional responses.
Apple's share price at the time of this writing of $128.50, the stock is trading at a 28% margin of safety to the fair value of the stock when using a 10% discount rate for calculating the present value of future cash flows.
As of July 2015, Appleâs market cap is $721.40 billion and it has 5.76 billion outstanding shares. The stock price is up nearly $49 since the buyback program was announced. In its most recent earnings statement, the company reported 32.70% year-over-year quarterly earnings growth.