An Interest In:
Web News this Week
- April 24, 2024
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
- April 19, 2024
- April 18, 2024
March 11, 2011 05:46 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pZMs11_42uQ/
Need Some Cash? Buy Apple Stock Instead Of Apple Gear
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 Apple PowerBook G3 250 released in 1997 on the cusp of Apple's turnaround. If you invested the $5,700 you paid for that laptop into Apple stock, you'd have made $330,000. However, to be fair, the productivity gains you probably experienced thanks to a laptop in those days may have made up for the initial purchase price.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pZMs11_42uQ/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch