XPost: misc.phone.mobile.iphone, misc.invest.stocks
Jolly Roger wrote:
Stock is same price it was almost 2.5 years ago.
So is the S&P 500 and Dow Jones. The NASDAQ is even worse. But that's
not stopping dip shit trolls from trying to make this about Apple. ; )
Apple stock will fluctuate.
Apple doesn't actually make much, so they're a risky investment, IMHO
(e.g., Qualcomm could extremely easily have put Apple out of business).
Yet Apple is one of the most successful companies out there, so what that
means is that Apple is an incredibly (brilliantly) well run company.
Apple spends almost nothing in R&D costs compared to similar tech
companies, as Apple is basically all marketing and almost no product.
While Apple marketing is (admittedly) brilliant, Apple R&D is horrific.
Apple can't even design a simple modem, for Christ' sake.
Nor integrate it.
In general, all Apple product suck when you compare functionality.
And yet, Apple is hugely successful.
Why?
Marketing works best against a gullible customer base, does it not?
PT Barnum is correct.
You can't make those ungodly profits off of an intelligent customer base.
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