AppleSoft: No, It Was Not Different This Time
January 18, 2013 - 10:18am
Back in late August, we presented a chart whose foresight and accuracy turned out to be so spot on, it scared even us. We asked: "With Apple overtaking Microsoft's 'peak-market-cap' and becoming the most 'valuable' company ever traded, we thought a reflection on what humans (as opposed to machines programmed by humans) did the last time a world-changing technology company went ubiquitous. Comparing AAPL's last few years to the run-up in MSFT's peak in 1999..." Or, in other words, "is it different this time?" This is the chart we presented five months ago: Turns out, the answer is, No. It was not different this time. It never is. This, despite what a certain Jim Cramer said two weeks later, just as the stock hit its all time high: "Oh, for heaven's sake, stop trading Apple and start owning it... Is this an average stock with average growth? No, it is among the greatest wealth cre...
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