patrick.net

I am aware of what the prices were in Jan 2005 and the stock splits that have occurred, which is why I was curious about the claim he made.

Bigsby says

Dan8267 says

But hey, if you're talking return on investment, it was Google, not Apple, were you should have placed your money. Apple stock in the past decade has been shit compared to Google.

Are you talking about since 2005?

Sorry, my bad. Mistyped "decades". Yeah, if you cherry pick dates, you can make just about any stock look good. But if you're not timing the market, which no one can do consistently, then comparing the growth since IPO, Google beats Apple hands down. Google's compounded annualized return since IPO is 30.15% compared to Apple's just under 17%. This was on NPR recently during the 10th anniversary of Google's IPO.

So the question is are you the type of person who thinks he can time the market. I don't even try because I figure there are too many sharks out there who do this 24/7 and have access to information way quicker than I do.

Also, for every Apple or Google there are tens if not hundreds of Pets.com. And no one has a crystal ball to see which is which. Better to buy and hold and invest steadily in a wide range of assets over a long period of time. That's the Vanguard way pioneered by John Bogle. It may not be sexy, but half of the investments in the market, by mathematical necessity, do worse than the S&P 500 and Wilshire 5000 indices, and that's before you count the various fees and commissions you pay.

I'm sorry, are you now comparing the annualized returns of an ipo in 2004 with one in 1980? What's the point of that?

Apple IPO on Dec 12, 1980. That is, 34 years 1+ months. Annualized return for 34+ years is 17.54% per year, invested $4k at IPO you would be a millionaire now, what not to like?

Google IPO on Aug 19, 2004. Would need to wait 20 years to see whether Google can achieve that kind of annualized return over 34 years. Google's market cap would have to be $9+T then.

So far, when both AAPL and GOOGL are listed. Those who have bought AAPL would make much more since Google IPO, over 10 years or over 1 year. One would need to cherry pick correctly the time window to prove otherwise.

According to IDC, market share for Apple Mac is 7.1% worldwide and 12.7% US only. Just for reference, market share in 1997 is 3.3% worldwide and 4.4% US only.

In a related story. Smarter people who have more money prefer more expensive cars than dumber people with less money.

http://bgr.com/2014/02/18/android-iphone-price-comparison/

And dumber people who have more money prefer more expensive cars than smarter people with less money.
common denominator?

YesYNot says

In a related story. Smarter people who have more money prefer more expensive cars than dumber people with less money.

hanera says

Apple IPO on Dec 12, 1980. That is, 34 years 1+ months. Annualized return for 34+ years is 17.54% per year, invested $4k at IPO you would be a millionaire now, what not to like?

and how many ipo dogs where you lose your ass does one invest in for every winner like apple? apple came within an ace of going under more than once, it wasn't a smooth ride for investors by any stretch of the imigination. hindsight is always 20/20.

YesYNot says

In a related story. Smarter people who have more money prefer more expensive cars than dumber people with less money.

Smart people drive a Prius. :)

I'm an android user that has been seriously thinking about switching to iphone for my next phone. It would be my first iphone.

But this "article" (or advertisement) just changed my mind.

That's an ole Elitist Liberal non news story posted at CNN.

It's a classic, why create new when the tired old crap is still warm?

bob2356 says

hanera says

Apple IPO on Dec 12, 1980. That is, 34 years 1+ months. Annualized return for 34+ years is 17.54% per year, invested $4k at IPO you would be a millionaire now, what not to like?

and how many ipo dogs where you lose your ass does one invest in for every winner like apple? apple came within an ace of going under more than once, it wasn't a smooth ride for investors by any stretch of the imigination. hindsight is always 20/20.

Didn't buy any IPO stocks. As mentioned in previous posts, purchase AAPL between 1997-2003. Thereafter to now, selling yearly to buy RE in SV, other parts of USA and overseas.

Strategist,

Thought your OP was done in jest yet evoke so much emotional rebuttals. People are just egoistic and don't want to be labelled as foolish. True colors of bloggers come through in this thread.

hanera says

People are just egoistic and don't want to be labelled as foolish.

Not when they are consulting the Tarot.

http://en.wikipedia.org/wiki/The_Fool_%28Tarot_card%29

Peter P says

hanera says

People are just egoistic and don't want to be labelled as foolish.

Not when they are consulting the Tarot.

http://en.wikipedia.org/wiki/The_Fool_%28Tarot_card%29

Isn't that how Nancy Reagan determined the country's foreign policy?

Call it Crazy says

Thought your OP was done in jest yet evoke so much emotional rebuttals. People are just egoistic and don't want to be labelled as foolish.

Unless you're an iSheep...

*

Even sheep are smarter enough to know iPhones are better.

hanera says

As mentioned in previous posts, purchase AAPL between 1997-2003. Thereafter to now, selling yearly to buy RE in SV, other parts of USA and overseas.

You just went all in on the apple card and let the dice roll? I seriously doubt that.

bob2356 says

hanera says

As mentioned in previous posts, purchase AAPL between 1997-2003. Thereafter to now, selling yearly to buy RE in SV, other parts of USA and overseas.

You just went all in on the apple card and let the dice roll? I seriously doubt that.

Other than primary residence, pour all savings into AAPL for once-in-a-lifetime bet on late Steve Jobs. Hard to believe but through Apple only blogs, realize there are a few of "me".

Steve Jobs is dead and so is the Apple these people keep talking about.
Apple is firmly in the Android based Galaxy/HTC/Nexus Clone business as of iPhone 6.

They really could have done great things with the Apple TV but dropped the ball on it. I don't think they will ever catch up with Sony, MS, Ruku and Google in the streaming Video service devices.

Apple is what's wrong with the Democrat party, the only smart one dies off then the whole company goes to hell.

CaptainShuddup says

Apple is what's wrong with the Democrat party, the only smart one dies off then the whole company goes to hell.

The market didn't think so. ATH was recently set in late Nov 2014, at dividend-adjusted price of $119.75. Look at the chart, we might see a new ATH soon.

Call it Crazy says

Pope Francis: put your iPhone down and start talking

Pope Francis says families should put aside their iPhones and Twitter feeds and talk to each other

http://www.telegraph.co.uk/news/worldnews/the-pope/11365756/Pope-Francis-put-your-iPhone-down-and-start-talking.html

See, even the Pope hates the iPhone!

You know, when my son is in the other room and I yell at him for something he won't hear. But when I text him, he responds right away because he is always listening to stuff and does not hear.
The Pope just does not realize the different ways of talking. We are talking now, even though you can't hear me.