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Apple Grabs 19% of U.S. Consumer Electronics Dollars in Holiday Quarter
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Yeah. What is the rip for? Am I not allowed to reference it? I don't happen to like that name, so I don't use it. Deal with it.
Please, continue to down vote me because I know how to comprehend sentences. Thank you.
So, when AAPL crashes it will be the Apple bubble - or maybe Ibubble.
I'm thinking it'll be called the iThoughtyousaidthiswasasurething
bubble. Gotta make sure to add the in there. Cuz if someone ends up spending $500 per share on a stock, and ends up losing money on the investment, that's exactly the face they're gonna make.DISCLAIMER: BEFORE YOU REPLY, REALIZE THAT THIS IS A BAD ATTEMPT AT HUMOR ON MY PART, AND I DO NOT BELIEVE APPLE'S CURRENT SUCCESS IS DUE TO A MARKET BUBBLE! PLEASE DON'T TOILET PAPER MY HOUSE!
JAT said:
Yeah, you're allowed to reference it. Feel free to do so anytime you want. Just, before you do, make sure you're referencing the right thing.
The dot-com crash wasn't at all connected to the PC market, nor did it do much damage to MS at the time (citation needed, correct me if I'm wrong on this last bit). Mostly, it was a bunch of smart kids who realized the internet was The Next Big Thing, convinced a bunch of venture capitalist to invest billions into their ideas by saying paradigm over and over again, then didn't make a single dime off any of these aforementioned ideas because they didn't really have what most people would call a business model. The bubble burst, and paper billionaires found themselves paper paupers a day later.
Most of them went back home to live with their moms and dads. Their lives not too terribly altered by the ordeal. I bet some of them even got to keep the cool cars they bought.
All the while, the completely and totally unrelated PC market kept chugging upwards and onwards during this time. In fact, Microsoft pulled off one of most profitable years shortly thereafter, due in part to the release of XP.
edit: also, I'm not downvoting you.
"Apple Retail has the third most revenue of any electronics retailer, coming in behind only Best Buy and Walmart. Apple was the only brand in the top five to post a sales increase from 2010, with receipts for 2011 rising more than 36 percent in the U.S."
Now these are very interesting figures... Kind of crazy how Apple went from the brink of destruction to becoming an economic and technological world powerhouse... and they did it quite quickly too! Who knows what the future may hold for them...
Now these are very interesting figures... Kind of crazy how Apple went from the brink of destruction to becoming an economic and technological world powerhouse... and they did it quite quickly too! Who knows what the future may hold for them...
The chart seems confusing and misleading; it doesn't have much to do with the thrust of the story text.
I don't know what does the chart means with PCs? 19.8% US people getting a PC for holiday present. Does it include iPad? But then again it has separated tablet/eReader section. iPad should've been included in that.
If PC means Mac, I don't know .. I thought Mac sales do not get the same hype as iOS, so yeah .. 19% would be a significant number if PC means Mac/Windows.
PC's are both Mac and Windows and Linux and other personal computers with any OS's.
Hence why I don't like the dumbass name everybody uses. You are incorrect, computers are inherent to that era. First:
http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined
Many factors went into that mess. Economics is vastly more complicated than pulling a single number out of headlines. The most important to that one was consumer attitude, and not just attitude toward websites. And claiming the internet is not based on PCs is ludicrous. Note the dates I used do not match your theory of 2000 being everything to it.
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Hate to admit it, but it looks like you're right, and I was wrong. I checked out Apple, Dell, and HP around the same time, and while they didn't drop like a rock exactly, they all took a pretty substantial hit to their stocks starting at the end of 2000. While they recovered, they never quite reached that same giddy high, and it's been about flat since.
I was thinking of the consumer sector, which did continue to grow during that time. But I'm sure the enterprise segment took a huge, HUGE hit around then, considering it is more closely related to the dot-com bust than the home PC market.
I was thinking of the consumer sector, which did continue to grow during that time. But I'm sure the enterprise segment took a huge, HUGE hit around then, considering it is more closely related to the dot-com bust than the home PC market.