Comment AAPL (Score 2, Interesting) 504
Thank God for Apple stock (for me at least
I remember in ~October of 1998 thinking of buying AAPL. It was floating around $5/share I believe.
Everyone was telling me to buy Microsoft. By this point I was becoming a "ABM" system administrator. They're stock was floating right about where it is today (~$25/share)...
The only stock I'm interested in is companies I believe in that produce something I like. Day trading in some chemistry company I know nothing about does not Interest me.
I hesitated (and was second guessing myself in those days). I could have tripled my money in that one year with AAPL.
In that same year there was a MSFT split AND they nearly doubled their price. They've been dead since...
Bottom line -- a decade later and both companies have each had two splits. My $15 APPL stock is worth over $315 (today) while MSFT is still at ~$25/share. There is a reason for this. Microsoft has forced people to use their crap and those days are seriously numbered. Apple, OTOH, gives their customers what they want. Thus they become foaming at the mouth Apple loyalists like myself. I understand now (and am laughing all the way to the bank).
In looking at these two companies Apple has pretty much always been innovative and led the pack. No floppies with a Mac? People laughed. See many floppies today? Microsoft has historically always been a "me too" company (with very few exceptions).
The ONLY product that Microsoft has done that makes me shake my head and wonder why Apple didn't do it is the KIN. Cool idea. Problem: WHERE is Apple's gaming console???