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well some one who likes to collect old stuff can buy it and add it to his collection
or simply wait another 20 years and sell for double the price, but is a bit risky, unless you put that iPod in some place that doesn't deteriorate that much, because if it does then it will loose it value
 
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Yeah. It's not like you can use or even fondle the damned thing. If you unwrap it, all the value goes up in smoke.

HAH!!! Like the story I heard of a friend of a friend that had this expensive, and rarish, old bottle of wine. They got partnership in their group, and decided to celebrate. They opened the bottle. It was worth thousands according to them, but they could afford it now. Yeah... The wine was totally undrinkable. They still took a huge hit of it. Soon to regret it.

Wine, to me, isn't meant to be saved. Drink the stuff while it's still good. *shrug*

But whoever buys this won't open it. It'll be transferred to another vault, and kept sealed because it's likely one of the last few left on the planet
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well some one who likes to collect old stuff can buy it and add it to his collection
or simply wait another 20 years and sell for double the price, but is a bit risky, unless you put that iPod in some place that doesn't deteriorate that much, because if it does then it will loose it value

Like if the battery leaks through to the cardboard. *OUCH*
 
Hey, in 2019 dollars, that $399 would be about $575, so you're really only paying 35x times the original price!
 
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No it's not. When stocks split, they divide down the historical prices so you do not account for any split.

AAPL was ~$1.31 in October 2001, it's $197.07 today, so that's 150x. 150 x $399 = $60,000.

Huh. Not how I thought that worked.

$399/$1.31 would be 304 shares in Oct. 2001 (really 304.58, so round down). Those 304 shares split 2:1 and then 7:1, so that is 304*2*7 = 4256 shares. Today's price is currently $200.63. So, 4256*$200.63 = $853,881.28.

Where did I go wrong in my math if you're saying $60,000?
 
If you put the same $399 towards Amazon stock (~$8/share or 49 shares), it would be worth around $92,000 today.
AAPL wouldn't have been a bad investment either - considering it split 2:1 in 2005 and 7:1 in 2014
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Huh. Not how I thought that worked.

$399/$1.31 would be 304 shares in Oct. 2001 (really 304.58, so round down). Those 304 shares split 2:1 and then 7:1, so that is 304*2*7 = 4256 shares. Today's price is currently $200.63. So, 4256*$200.63 = $853,881.28.

Where did I go wrong in my math if you're saying $60,000?
I think what he's saying, is that it wasn't really $1.31. That historical price is adjusted due to the splits. So the real stock price then was ($1.31*14) or $18.34
 
Don't know if anyone mentioned this but the dude is charging almost $90 for shipping.... You'd think he'd throw that in for free with a 20K bid.
 
I think what he's saying, is that it wasn't really $1.31. That historical price is adjusted due to the splits. So the real stock price then was ($1.31*14) or $18.34

Ah, there we go. Guess I should have actually gone and looked up the price in 2001 before opening my mouth. Suppose I was thinking of actual stock prices in the Scully era...
 
Could help but notice that someone doesn't seem very thrilled with product innovation...

upload_2019-5-9_11-9-50.png
 
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Surely this would be better if it was unsealed and the original purchaser had also purchased the official Apple dock and just had it in a glass case on show and permanent charge since day 1. Zero scuffs, zero marks, never synced, all accessories sealed and a charged battery. Chances are that battery is absolutely dead having left it sealed.
 
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Apple did have quite a run for a while with new, exciting products. But we didn't expect that roll to continue indefinitely, right? I mean, we can always hope, but let's be realistic. No company will ever just continue to introduce category-leading products year after year.

I'm considering an iPad Pro 11 with pencil and folio keyboard. I'm hearing good things from friends about it and it seems the direction Apple is pushing. I'm skeptical of how useful it will be in taking over from the Macbook Pro but maybe that can only be fairly judged by diving in and living with it. It's hard to grasp an ahah!, paradigm shifting moment from reviews.

I would love to be wowed again.
 
Not much of a reaction from the crowd. They had no idea that history was just changed... the iPod brought the iPhone, and the iPhone brought everything we have today, including social media.

One thing Steve was wrong about, is the Mac being the center of everything. He was Mac's biggest fan, and there's no one at Apple in that corner anymore, sadly. Personally, my Mac is the center of everything, but I'm in the minority.
I agree Apple should give more attention to the Mac but Steve Jobs said on stage at WWDC’11 just before introducing iCloud that the cloud would become the center of your digital life and the Mac would just become a device.
 
I have a rare but new Microsoft Zune music player that should be worth as much as that relatively common iPod. I'll let it go for cheap. $20,000 or best offer.
 
Like if the battery leaks through to the cardboard. *OUCH*

exactly, also humidity can cause or create bacteria that can damage the cardboard box and also the device inside, then when the person open the box the device is going to have some ugly yellow stains inside
 
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Not much of a reaction from the crowd. They had no idea that history was just changed... the iPod brought the iPhone, and the iPhone brought everything we have today, including social media.

One thing Steve was wrong about, is the Mac being the center of everything. He was Mac's biggest fan, and there's no one at Apple in that corner anymore, sadly. Personally, my Mac is the center of everything, but I'm in the minority.
Things change. Most significantly, iPhone became a mainstream product, so it no longer made sense to tie it to the Mac or even PCs in general. Plus, mobile devices have massive computing power nowadays.
 
Huh. Not how I thought that worked.

$399/$1.31 would be 304 shares in Oct. 2001 (really 304.58, so round down). Those 304 shares split 2:1 and then 7:1, so that is 304*2*7 = 4256 shares. Today's price is currently $200.63. So, 4256*$200.63 = $853,881.28.

Where did I go wrong in my math if you're saying $60,000?

Look here. Apple had a 7:1 split on June 9, 2014. The price did not change by a factor of 7 on that day because they went back and divided all the prices before the split by 7. The closing price was actually $749.60 on June 9th, but on June 10th, it opened at $94.73 with everybody who owned shares having 7 times more.

So when you look at historical prices, do not consider any splits, it's been all done for you. The price given is always in dollars per one current-day share.

When you have outstanding orders on stocks, the brokerage will also automatically adjust the prices and shares for you so that it's equal, in total value, after the split. That way, a stock split has exactly zero direct effect on the value of your holdings, its effects are all indirect.
 
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Not much of a reaction from the crowd. They had no idea that history was just changed... the iPod brought the iPhone, and the iPhone brought everything we have today, including social media.

One thing Steve was wrong about, is the Mac being the center of everything. He was Mac's biggest fan, and there's no one at Apple in that corner anymore, sadly. Personally, my Mac is the center of everything, but I'm in the minority.

Now the Mac just gets features first introduced in iOS whenever Tim Cook feels like it.
 
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