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Old 02-21-2014, 08:46 PM   #22
SteveEisenberg
Grand Sorcerer
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Join Date: Jun 2008
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Quote:
Originally Posted by ApK View Post
Mini poll!
Now is the time to:

1. buy Apple stock.
2. sell off your Apple stock.
or

3. Not play the stock market.

See:

http://www.amazon.com/Random-Walk-Do.../ref=pd_cp_b_0

As for Apple being the next Microsoft, eventually, Apple and Microsoft (given Xbox and Surface) will both be in this group:

Defunct computer hardware companies

See also Can a Company Live Forever? (January 2012) :

Quote:
The average lifespan of a company listed in the S&P 500 index of leading US companies has decreased by more than 50 years in the last century, from 67 years in the 1920s to just 15 years today, according to Professor Richard Foster from Yale University.

Today's rate of change "is at a faster pace than ever", he says.

Professor Foster estimates that by 2020, more than three-quarters of the S&P 500 will be companies that we have not heard of yet.

One quarter will survive, but no analyst, or Mobileread poster, knows which they are. True, Microsoft's bigger Fortune 500 and government customer base gives it more of a cushion against total collapse than does Apple's dependence on fickle individual consumers. And I'm guessing that top ten S&P 500 companies like Apple and Microsoft have a higher probability of still being somewhere on the list than do companies now ranked in the middle. But that's of no help when it comes to buy vs. sell.

Last edited by SteveEisenberg; 02-21-2014 at 08:59 PM.
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