DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Apple spanks expectations, again. Shares up $40 in after hours trading

**Nabeqiv** · 04-27-2012, 11:31 PM

Oh come on... you can't compare Apple with the dot.com bubble - unless you're going to say the same thing about Nokia for example. Apple are both a software company and consumer electronics company - their value isn't based on 'potential', their earnings and sales are very real.

Funny you'd mention Nokia.
Set yourself back 5 years ago. Had you bought Nokia (and kept it), you'd have now lost 80% of your money.

Had you bought Apple, you'd have had a 500% increase.

But back then, would you have called that shot? Remember Nokia was the biggest mobile phone manufacturer by some margin.

Scary.

04-27-2012, 11:31 PM	#39
Nabeqiv Join Date Oct 2005 Posts 481 Senior Member	Oh come on... you can't compare Apple with the dot.com bubble - unless you're going to say the same thing about Nokia for example. Apple are both a software company and consumer electronics company - their value isn't based on 'potential', their earnings and sales are very real. Funny you'd mention Nokia. Set yourself back 5 years ago. Had you bought Nokia (and kept it), you'd have now lost 80% of your money. Had you bought Apple, you'd have had a 500% increase. But back then, would you have called that shot? Remember Nokia was the biggest mobile phone manufacturer by some margin. Scary.
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