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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.'"

10 of 264 comments (clear)

  1. liars & touts & ?aliens?, oh my by Anonymous Coward · · Score: -1, Troll

    just as scheduled by the 'retired generals' less than a month ago. are they smart or what?

    not that it's 'stuff that matters'; the corepirate nazi holycost is increasing by the minute. you call this 'weather'?

    continue to add immeasurable amounts of MISinformation, rhetoric & fluff, & there you have IT? that's US? thou shalt not... oh forget it. fake weather (censored?), fake money, fake god(s), what's next? (fake aliens ah ha ha). seeing as we (have been told that) came from monkeys, the only possible clue we would have to anything being out of order, we would get from the weather. that, & all the monkeys tipping over/exploding around US.
    the search continues;

    google.com/search?hl=en&source=hp&q=weather+manipulation

    google.com/search?hl=en&source=hp&q=bush+cheney+wolfowitz+rumsfeld+wmd+oil+freemason+blair+obama+weather+authors

    meanwhile (as it may take a while longer to finish wrecking this place); the corepirate nazi illuminati (remember, (we have been told) we came from monkeys, & 'they' believe they DIDN'T), continues to demand that we learn to live on less/nothing while they continue to consume/waste/destroy immeasurable amounts of stuff/life, & feast on nubile virgins while worshipping themselves (& evile in general (baal to be exact)). they're always hunting that patch of red on almost everyones' neck. if they cannot find yours (greed, fear ego etc...) then you can go starve. that's their (slippery/slimy) 'platform' now. see also: http://en.wikipedia.org/wiki/Antisocial_personality_disorder

    never a better time to consult with/trust in our creators. the lights are coming up rapidly all over now. see you there?

    greed, fear & ego (in any order) are unprecedented evile's primary weapons. those, along with deception & coercion, helps most of us remain (unwittingly?) dependent on its' life0cidal hired goons' agenda. most of our dwindling resources are being squandered on the 'wars', & continuation of the billionerrors stock markup FraUD/pyramid schemes. nobody ever mentions the real long term costs of those debacles in both life & any notion of prosperity for us, or our children. not to mention the abuse of the consciences of those of us who still have one, & the terminal damage to our atmosphere/planet (see also: manufactured 'weather', hot etc...). see you on the other side of it? the lights are coming up all over now. the fairytail is winding down now. let your conscience be your guide. you can be more helpful than you might have imagined. we now have some choices. meanwhile; don't forget to get a little more oxygen on your brain, & look up in the sky from time to time, starting early in the day. there's lots going on up there.

    "The current rate of extinction is around 10 to 100 times the usual background level, and has been elevated above the background level since the Pleistocene. The current extinction rate is more rapid than in any other extinction event in earth history, and 50% of species could be extinct by the end of this century. While the role of humans is unclear in the longer-term extinction pattern, it is clear that factors such as deforestation, habitat destruction, hunting, the introduction of non-native species, pollution and climate change have reduced biodiversity profoundly.' (wiki)

    "I think the bottom line is, what kind of a world do you want to leave for your children," Andrew Smith, a professor in the Arizona State University School of Life Sciences, said in a telephone interview. "How impoverished we would be if we lost 25 percent of the world's mammals," said Smith, one of more than 100 co-authors of the report. "Within our lifetime hundreds of species could be lost as a result of our own actions, a frightening sign of what is happening to the ecosystems where they live," added Julia Marton-Lefevre, IUCN director general. "We must now set clear targets for the future to reverse this trend to ensure that our enduring legacy is not to wipe out many of our closest relatives.

  2. How is Apple's stock price not a bubble? by Anonymous Coward · · Score: -1, Troll

    There is nothing fundamentally sound about apple stock -- it is a company that sells overpriced inessential consumer items ... The stock price is riding on hype, not on merit. Once the hype goes away (and it will) there'll be a lot of people burned.

    I made a good chunk of cash on Apple stock this year, but IMHO only idiots would seriously invest in it for the long term.

    Awwell, not so important anyway, enjoy your flamewar.

    1. Re:How is Apple's stock price not a bubble? by Anonymous Coward · · Score: -1, Troll

      glad to be part of the planned obsolescence? apple is by far the worst company for creating waste, the biggest adopters of new iCrap are people who throw out their old iCrap because apple refuses to create what people want the first time around and most of the time the second and third times around.... e.g. the touch... one of the most asked for features was a camera, that wasn't even put on until the 3rd generation... for a company as innovative and great as apple you think they'd listen to their fanboys but no... they just do their own thing and the herd follows, enjoy the ipad but don't kid yourself, everybody wants a real keyboard

  3. Re:News For Nerds??? Stuff That Matters??? by pandrijeczko · · Score: -1, Troll

    It may have been a "random rampling" in your view but you clearly didn't read it properly.

    Just because I stated that obsession with money contributes nothing to the happiness in *MY* life, does not automatically imply people who do obsess about it are miserable - so take a deep breath or two before hitting "Reply to This" in future.

    The whole point of my comment was that stock prices is not "News For Nerds" as Slashdot claims to be.

    --
    Gentoo Linux - another day, another USE flag.
  4. Re:News For Nerds??? Stuff That Matters??? by pandrijeczko · · Score: -1, Troll

    Maybe you should respect that other people have broader interests than you?

    Sorry, I don't see how you can legitimately draw this conclusion.

    I actually respect self-made millionaires who set out to make themselves wealthy by coming up with inovative ideas that sell whilst treading on the toes of everyone else as little as possible in the process. But in order to become rich, they make the accumulation of wealth their primary obsession, they're happy doing it (and good luck to them) but the chances are, therefore, they have *FEWER* interests than other people. I'm sure self-made millionaires like Richard Branson would be the *FIRST* to admit that.

    I personally find it interesting that a vertically-integrated software and hardware company could become a serious part of the economy, after seeing the aftermath of Commodore two decades ago.

    Next time, just say "I am an Apple fanboi" - it means the same thing and puts less wear on your keyboard.

    If this offends you so, you can go stand with the dipshits who can't stand SF clogging up precious sports time in the TV schedule.

    1. No, it doesn't offend me. I am an ex-nerd, prices of stocks & shares hold less interest for me than when the next Star Trek movie is coming out.

    2. I watch & read a lot of sci-fi & fantasy (go read my post properly this time & look at the clue in "Dungeons & Dragons) and apart from watching a few rugby games, don't have any interest in sport. But it doesn't bother me sport being on the TV either because there's plenty of other stuff for me to go do. And you've clearly drawn your own incorrect conclusions about me having acted on emotion, rather than reason.

    --
    Gentoo Linux - another day, another USE flag.
  5. Re:Bad news" by migla · · Score: -1, Troll

    Is your nick Greek for "ethical" by any chance? In that case, perhaps you should prepend it with "Oxi" (or whatever it is that would negate it in greek, my greek is limited)

    From my somewhat freedom mongering perspective, the better p7 or ios or any other proprietary offering is, the worse it is.

    Proprietary is anti-freedom, anti-freedom is wrong, so supporting proprietary solutions is unethical.

    I'm no saint myself, though, with the sweet proprietary drivers, for example and a multitude of other examples of buying products from corporations that are "evil" in other ways I haven't even bothered to find out about.

    Maybe that makes me a bad person, but it doesn't make the philosophical conclusion less valid or the movement less worthy.

    Kudos to those who have the strength to resist shiny evil and any little us mere mortals can do is better than nothing.

    --
    Some of my favourite people are from th US; Vonnegut, Chomsky, Bill Hicks.
  6. No, Windows NT was not always better then OS 9 by findoutmoretoday · · Score: 1, Troll

    <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%.

  7. $10,000 by imthesponge · · Score: 0, Troll

    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.

  8. Re:My Two Cent Analysis by jcr · · Score: 0, Troll

    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."
  9. Re:Apple don't pay dividends by aristotle-dude · · Score: 0, Troll

    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.