IBM: Lessons from the Great Depression [View article]
Apple is the new IBM:
Steve Jobs declared, that he would invest and spend on R & D if the economy became recessionary. He has made good on his promise. New acquisitions, new factories, new technologies, recruiting and hiring the smartest people.
What is different, however, that their product line has been immune to this recession; their products continue to inspire record sales.
An economic downturn is one of the best opportunities for companies, small and large, to invest in expansion. Costs are low, competitors are pulling back. Once the economy comes back around, the one that ignored the "news" and fear, and kept moving forward always ends up way in the lead.
WE are the economy, not the stock market; invest in ourselves, our families, and our own businesses, that's something we all have control over.
Apple is the new IBM & the new Sony all rolled into one.
Long IBM & Apple is a very smart move; adding to your position at these sale prices is even smarter. This is a chance of a lifetime that does not often come around.
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Apple is the new IBM:
Oct 11 10:08 am
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All Comments by winindthedust »IBM: Lessons from the Great Depression [View article]
Steve Jobs declared, that he would invest and spend on R & D if the economy became recessionary. He has made good on his promise. New acquisitions, new factories, new technologies, recruiting and hiring the smartest people.
What is different, however, that their product line has been immune to this recession; their products continue to inspire record sales.
An economic downturn is one of the best opportunities for companies, small and large, to invest in expansion. Costs are low, competitors are pulling back. Once the economy comes back around, the one that ignored the "news" and fear, and kept moving forward always ends up way in the lead.
WE are the economy, not the stock market; invest in ourselves, our families, and our own businesses, that's something we all have control over.
Apple is the new IBM & the new Sony all rolled into one.
Long IBM & Apple is a very smart move; adding to your position at these sale prices is even smarter. This is a chance of a lifetime that does not often come around.