If you had bought Apple stock instead of an iPod back in 2001, you’d be about $10,000 richer. According to an assessment by Kyle Conroy, you’d be a few times richer if you bought Apple stock instead of Apple gear on day of launch. What does this say about us, as consumers? That we’re ravenous fools intent on spending ourselves into oblivion? Pretty much.
The highest bit of profit comes from the… → Read More
Robert “I like yogurt” Scoble interviewed Steve Jobs’ yogurt purveyor, asking him if the wizened CEO had been in lately. The answer? Yes. So Steve is well enough to eat yogurt. Smack 32 cents onto Apple’s stock price.
This frenzied speculation about Jobs is quite sad indeed. As we all know, Jobs is the driving force behind Apple’s innovation but, last time I checked, Apple has 32,000 employees… → Read More
It’s not that investors just love seeing Jobs and want to punish him for not gracing them with his presence. No! No Steve at Macworld implies no new hot products at Macworld. Although marketing VP Philip Schiller will be filling in for the shilling, the lack of Steve implies that it’s going to be pretty tame, and earnings expectations will be adjusted accordingly. Apple’s stock… → Read More
Apple’s shares took a little bit of a hit today, after a Wall Street analyst lowered his rating in the short term on their stock. The analyst said that while Apple is still strong, in the short term they may find it difficult to reach sales targets on the MacBook Pro, and the ever popular iPods. He also said that it’s appearing unlikely that Apple will release a new product at MacWorld… → Read More
If I had bought Apple stock back in 1985… AlleyInsider is reporting that AAPL is down to $110 – 14% – due to stock downgrades by Morgan Stanely and RBC. Why? Because folks aren’t buying stuff – it’s “the weakest [90-day electronics spending] ever seen” – and Kathryn Huberty points out that Apple isn’t in the sub-$1,000 laptop market where… → Read More
A minor update to Hickey’s “Apple shares hit $200” post from the other day: Apple is now the third most valuable technology company, right behind Microsoft and Google. Its market capitalization (yes, I had to look up what that means) is now around $174 billion, some $100 billion more than last year. And to think I got excited when Grandma sent me $50 for Christmas. Keep in mind… → Read More
Though it’s back down to $199.50, Apple’s stock was briefly over $200 a share earlier today, a first for the company. We’re expecting it to rise throughout the rest of the year, and to really ramp up the third week of January as it announces firsts in hardware and iPhone software at Macworld, which we’ll be at in force. And now, back to the infuriating rumors and poor… → Read More
Since the release of the Wii, it’s been near-impossible to find one at a local or online retailer. Now during the first month or three of a console launch, that’s understandable. But it’s almost May and it’s still hard as hell to find a Nintendo Wii in a store. Why is this? Shouldn’t Nintendo have bumped up production? Freakonomics has a nice article which examines… → Read More