7 ms·
"On the very day the company officially announced its first Intel-based product, Apple's stock price closed at $80.86" How cool! https://www.techdirt.com/arti
by lsllc 6y ago
"On the very day the company officially announced its first Intel-based product, Apple's stock price closed at $80.86"
How cool!
https://www.techdirt.com/articles/20060110/1818234_F.shtml https://www.techdirt.com/articles/20060110/1818234_F.shtml
- BurningFrog 6y agoThe stock split 7-for-1 in 2014, so $80 in 2006 is about $11 per current stock, which is worth $372 today. It's been a great time to own Apple Stock!
- deleted 6y ago[deleted]
- saagarjha 6y agoIt’s generally been a good time to own the stock for the last two decades ;)
- jeffbee 6y agoWhile true, spectacularly so for Apple. If you had bought shares of the company instead of a new base-model PowerBook G4, you'd have over $700k today. If instead of a "founders' edition" Tesla Model S you'd bought shares of Tesla, you'd have enough money for fifty Teslas today. If you'd bought NDVA shares instead of Nvidia's best GPU in 2009 ... you still would not be able to afford Nvidia's current best GPU. Hrmm.
- zetazzed 6y agoNVIDIA also gave out dividends (I believe Tesla does not?). Looks like $500 in NVDA in 2009 becomes almost $20k of total return by today. (https://dqydj.com/stock-return-calculator/ https://dqydj.com/stock-return-calculator/)
- jeffbee 6y agoYou won't believe how much their most expensive product costs.
- henriquez 6y agoHow I got Nvidia’s most expensive GPU using one weird tip
- IncRnd 6y agoI am starting a newsletter where I can say that I got 10 out of the last 10 picks right! I will have one reviewer who will testify that every one of my picks sent to him was correct. To bad I won't be able to include the other 1023 reviewers :-(
- shaklee3 6y agoThat's... Not really a fair comparison. Nvidia didn't introduce their Enterprise line until 2010, so you're comparing a gaming card to a professional card. Nvidia stock has certainly gone up many multiples of what a geforce costs.
- grecy 6y agoIn 1999 at the age of 18, just before going to University to study Software Engineering I spent all my savings from my first job on a Beige G3 233Mhz. The box was $3k, the 17 inch Apple/Sony Trinitron another $1500. Dad drove it home in his car that was worth less than the contents of the big cardboard boxes. Sometimes it's fun to calculate how much I'd have if I spent those 1999 dollars on APPL.
- teekert 6y agoWell, I did some BTC mining on my atom board in the day. Also there is that guys that bought a pizza for 10K btc.
- iso1631 6y ago> Sometimes it's fun to calculate how much I'd have if I spent those 1999 dollars on APPL. How much would you have if you'd invested in pets.com How much did that G3 help you on your road to a high paying software engineering job?
- ksec 6y agoAlthough not a fair comparison. I laughed out so loud reading the last sentence.
- NopeNotToday 6y agoI'm guessing the NVDA part was a joke. In 2009, NVDA was around $10. It is trading 40x, over $400.
- jeffbee 6y agoYes it is a joke. Nvidia now sells things that cost a million dollars.
- jsjohnst 6y agoWith the shares you could’ve bought instead of spending on a top end Mac Pro setup in 2011, you might be able to afford two monitor stands now. /sarcasm I’m glad that Apple ditched the trash can Mac design, but I just haven’t been able to mentally justify the new Mac Pro’s price tag. Really curious what Apple will do on the high end side with ARM. Going to sit on my heavily upgraded 2011 Mac Pro a bit longer and see.
- dhosek 6y agoI bought about $1000 worth of Apple in 2000 and sold in 2005 to take my profits. I try not to think about that too much.
- steve_adams_86 6y agoYou’re not alone. I’ve sold at some awful times. I haven’t lost much though, and that’s probably more important. If you generally walk away with more, you’re doing good enough. Unless this is your only income or something.
- selectodude 6y agoIf its your only income and you cant get away when you think things are weird, you need to get a real job.
- pmorici 6y agoI've recently realized that whenever I do really well in an investment I always sell it too soon. I've come to the conclusion there are really only 3 reasons I will sell anything in the future. 1. I need the money for something that isn't frivolous. (ie: house down payment, retirement income, etc...) 2. I found another equal or better investment I will put the proceeds into immediately. 3. Something has fundamentally changed about the company or it's market that calls into question it's future prospects beyond regular market competition.
- luckman212 6y ago> Something has fundamentally changed That right there's the problem, see. By then, it's usually well past the ideal time to sell.
- pmorici 6y agoThe notion that you can ever sell at the absolute ideal time is a fantasy. The market typically takes a while to reflect fundamental change and does so gradually over time. Look at Nokia for example. From the day the iPhone was announced you could have sold at almost any time in the next 1.5 years and come out ahead vs acting immediately. Initially the market thought the iPhone was positive for Nokia, it took that long for people to realize it would be their demise.
- acdha 6y agoI had placed an after-hours order on September 10th, 2001 at a bit under the market price which didn’t go through until the markets re-opened, at which point the price was $17. I wish I’d placed a larger order.
- gandalfgeek 6y agoIt's awesome trivia like this that keeps me hooked on hn.
- torstenvl 6y agoThat doesn't seem to check out. Apple announced the first Intel-based iMac and MacBook Pro on January 10, 2006, when AAPL closed at $11.55. AAPL did have a daily low of $80.86 on December 24, 2013.