Considering historically, S&P returns 11% per year, this prediction actually is saying AAPL is only marginally better than the whole market.
The S&P is about 1375 right now. It was at half that in early 1996, meaning in over twelve years it has doubled.
Of course, it has been at higher points during those years. If you bought in early 2000, you'd still be down eight years later.
A stock doubling in five years is a hell of a big deal, the S&P hasn't done anything close to that.
But of course the article is talking about market share doubling, not share price, although doubling market share would definitely cause a huge boost in the stock price.
Quote:
Originally Posted by CREB
Some members here will do anything to try to manipulate the market in their favor. I can't blame them as that is how the game is played, but in many ways it is myopic at best. I surely wish Apple continues to do well, but there are so many unforeseen factors that no one can account for in this game.
Members HERE? How exactly do you think posting on a message board is going to have an effect on the stock of a multi billion dollar company?
Comments
Considering historically, S&P returns 11% per year, this prediction actually is saying AAPL is only marginally better than the whole market.
The S&P is about 1375 right now. It was at half that in early 1996, meaning in over twelve years it has doubled.
Of course, it has been at higher points during those years. If you bought in early 2000, you'd still be down eight years later.
A stock doubling in five years is a hell of a big deal, the S&P hasn't done anything close to that.
But of course the article is talking about market share doubling, not share price, although doubling market share would definitely cause a huge boost in the stock price.
Some members here will do anything to try to manipulate the market in their favor. I can't blame them as that is how the game is played, but in many ways it is myopic at best. I surely wish Apple continues to do well, but there are so many unforeseen factors that no one can account for in this game.
Members HERE? How exactly do you think posting on a message board is going to have an effect on the stock of a multi billion dollar company?
The S&P is about 1375 right now. It was at half that in early 1996, meaning in over twelve years it has doubled.
The total return is even better when you consider dividends (either re-invested or taken as cash).