Apple stock

gregulator

Senior member
Apr 23, 2000
631
4
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Well I have been seriously been considering dumping a bunch of money into so apple stock recently since it's so damn cheap compared to a couple months ago. I feel that OS X might revitalize the company.. not that I plan on ever buying or using an iFruit, but I am just looking in terms of an investment. Anyone else have thoughts on this prospect? Thanks for any input
 

StageLeft

No Lifer
Sep 29, 2000
70,150
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There is a reason it dropped through the floor - because Apple sucks ass. You may be right and it may revitalize, but I think given the stiff competition between Intel and AMD Apple is just getting left behind. I'm no invester, but I think apple sucks and their future isn't very bright looking at their recent years.
 

Namuna

Platinum Member
Jun 20, 2000
2,435
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Do a 1 year chart, then a 5 year chart. You'll notice that Apple isn't exactly a steady grower.

Stick your money in something a little more solid, like Sun Micro or Cisco.

And I'm not bashing on Apple either, I used to be a TOTAL MAC GEEK. I'm talking from a PURELY investment aspect.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
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Namuna

Keep telling yourself that - Hanging around anand you know as well as anyone how much apples suck :D

gregulator How much money are you going to be plunking down?
 

BDawg

Lifer
Oct 31, 2000
11,631
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Oh, so we should believe that Apple sucks just because you say so, Skoorb? Well, I'm convinced. Most people who blindly bash Apple are ignorant...the same way the MacUsers who bash Windows blindly are ignorant.

I think Apple stock would be a decent buy right now, but I wouldn't put all of my eggs in one basket!
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
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BDawg

Don't be a jackass. I'm not "blindly bashing Apple". As Namuna said they have not been a good buy for quite a while.

just because you say so. Ok don't believe me. Believe all of the investers who dumped a weak stock and helped it plummet 45% in a day. If its such a good buy why don't you put your money where your mouth is?

You do realize that your saying Apple is a "decent buy" right now means you think your opinion is worth more than the thousands of investors who are not in fact buying the stock don't you? Now who's ignorant?

bigbootydaddy

With a name like that calling people ignorant is a bit ironic isn't it?
 

BDawg

Lifer
Oct 31, 2000
11,631
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They were also saying it's a bad buy when it was $15 and skyrocketed to $50.

Personally, I think that OSX is going to make a big impact.

Maybe my perception of "blindly bashing" is incorrect, but I feel that these comment fall into that category:

"because Apple sucks ass"
"but I think apple sucks"
and my favorite,
"you know as well as anyone how much apples suck"
 

StageLeft

No Lifer
Sep 29, 2000
70,150
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bdawg

I'll admit my comments were not the most insightful or intelligent I've ever made ;)
 

BDawg

Lifer
Oct 31, 2000
11,631
2
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Thanks for being cool about it Skoorb. I've been a Mac user, PC user, and Unix user for a long time, and I just get real defensive sometimes.
 

I don't think OSX is going to do much for Apple. Sure, it's a great improvement but it's just not enough to really ramp machine and software sales for Apple.

I really doubt that by this time next year you will be able to walk into a software store and see any more Apple apps on the shelves than now. OSX is not going to change anything just like OS/2 didn?t change anything for PC sales.

Apple is geared toward niche markets, graphics designers and schools in particular. Now that most schools are dropping Apple for PCs I don't expect growth to be very high for Apple.

All the glitz Apple got with the iMac is fading. People are realizing that buying an expensive piece of hardware just because it looks cool, is not a good thing to do. I hear more about the new G2 Cube's looks than it's functionality. I guess that makes it the "dumb blonde" of personal computers.

Buying Apple stock now is not suicidal by any means. They cratered last month and it's going to take a long time to recover. So, for long term it may be a good investment. I, personally, would look into other, more promising avenues.