Linked by Thom Holwerda on Wed 23rd Jan 2013 22:09 UTC
Apple "Apple Inc reported quarterly revenue that slightly missed Wall Street expectations as sales of its flagship iPhone came in below target, sending its shares down more than 4 percent. The world's largest technology company shipped 47.8 million iPhones, lower than the roughly 50 million that Wall Street analysts had predicted. Sales of the iPad came in at 22.9 million in the fiscal first quarter, about in line with forecasts." I'll leave the financials to the experts, but one thing that stood out to me: Apple sold 4.2 million Macs, almost a million below expectations. How much of a future does desktop computing have at Apple? Update: The NYT/Reuters changed the title during the night. Fixed it.
Permalink for comment 550213
To read all comments associated with this story, please click here.
RE[2]: Ridiculous expectations
by galvanash on Wed 23rd Jan 2013 23:53 UTC in reply to "RE: Ridiculous expectations"
galvanash
Member since:
2006-01-25

I you invested $100 in Apple in July 2002 your stocks were worth $700,000 dollars in July of 2012...

A few months later their stock price went all the way to $700 a share (from aobut $500). Now it is back down to $514 (its actually trading slightly up so far today surprisingly).

In other words ANY money you put into Apple during the 10 year period between 2002 and 2012 would yeilded a significant net gain, even though it lost a full 20% of its value since around Sept...

Even if you just invested in the S&P 500, you would still see about a 20% gain over that same time period...

The point is no, you can't get that kind of reliable return on investment in a Casino. And the risk calculation is completely different - all you have in a Casino is random chance, and it is carefully balanced to give the house an advantage. Always.

In the stock market, it is the other way around. Odds are you make money over the long haul. It is the short haul that presents a danger... And you actually get to use your brain and pick where you want to put your money.

Im not promoting Apple stock or anything. Just saying yeah, some people lose money in the stock market - but most people actually don't. if you avoid doing stupid things like day trading and what not and don't try and be too aggressive it historically has ALWAYS been a much better place to put money than under your mattress...

It is definitely a better place to put money than on a roulette wheel.

Reply Parent Score: 3