Slashdot Mirror
Apple's Long Road To $300
itwbennett writes "Apple shares inched over $300 for the first time Wednesday, nearly 30 years after Apple's initial public offering in December 1980. But it hasn't been a steady climb. In fact, says blogger Chris Nurney, 'Apple's stock history can be divided into two clear periods — the early years, from the IPO through Steve Jobs's long absence from the company after losing a power struggle in 1985, and the modern Jobs era, which began on September 16, 1997.' The bottom line: 'If you had purchased $10,000 of Apple stock the same month that Jobs again began leading the company, your shares would be worth $554,000 today. Not a bad return on the investment.'"
<quote><p> And to people using NT back then, Mac must have been a really bad joke.</p></quote>
No, Windows NT was not always better. I had 5 macs on OS 9 running one application combining: applescript, filemaker, photoshop, the predecessor of ImageJ, a scanner and a shared printer with permanently 30' in the buffer. With only one unstable Mac. By lack of Macs I had to add two NT PCs who implemented the first step of the process with only a scanner and photoshop, and there the trouble began as the PCs had a downtime of 20%.
Who the hell has $10,000 lying around to invest? I guess this is just one of those "the rich get richer" type of things.
when has a soldering iron ever been required for owning or even building a non-Apple home computer?
Let me guess: you weren't born yet in 1975?
Before the Apple II came out, the microcomputer companies like MITS and Ohio Scientific offered kits, and if you wanted an assembled and tested unit, you paid a lot more.
This ongoing talk that all of Apple's products are "ground breaking" in some way or another is drivel,
No, it's accurate, and pretending otherwise makes you look like a fool.
-jcr
The only title of honor that a tyrant can grant is "Enemy of the State."
Therefore they don't have "investors", they only have speculators.
The only way you can make money from Apple shares is by selling Apple shares. If you don't get the significance of that, let me put it another way: you always need new suckers to buy in to the scheme at higher prices.
If that sounds like a good long term "investment", then would you be interested in buying in to an exciting ground floor opportunity to market quality steak knives to other steak knife marketers?
So you would suggest buying MSFT stocks which do pay dividends of 13 CENTS per share each quarter but have DECLINED in value from 31 dollars to 25 dollars looking at Year to date versus buying AAPL at a low of 192.06 on January 29th to a current high of 301.60? Looking at those numbers, MSFT is a "BAD" investment and if you held onto MSFT stocks when they started to decline because of dividends then you are an idiot.
Companies that continue to pay dividends have stocks that are either relatively flat or declining in price due to a perceived drop in future growth or an eventual decline.
Jesus was a compassionate social conservative who called individuals to sin no more.