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Tafkam Hokie

Joined: 10/07/1999 Posts: 35179
Likes: 13640


Or, it could be worth zero


There is a reason Apple was so cheap back then. Buying shares was extremely speculative. They were a company that arrogantly believed that if you built a better product, the world would beat a path to your door. But Microsoft understood marketing and business partnerships better than Apple did, so they are the ones that ruled the world. Apple was, at absolute best, a niche product in danger of fading away. Their arrogance didn't really fit with the computing needs of the 80's and 90's.

Apple was kinda in trouble there for awhile until they finally got some traction with the iPod/iPhone and MacBooks. Then Apple arrogance became fashionable. Only then did they become an investment juggernaut.

Jobs was a visionary. But Gates absolutely ate his lunch as a businessman through the early years. It was a bit of a coin flip whether Apple would revolutionize computing or implode.

(In response to this post by GreenvilleVT)

Posted: 07/31/2020 at 8:46PM



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Current Thread:
 
  
If you bought a brand new Apple IIe in 1983 it would have -- GreenvilleVT 07/31/2020 6:09PM
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