| View this article at: http://www.macnn.com/articles/04/04/08/apples.stock.pondered/ |
Thursday, Apr 08, 2004 12:15pm
Those who like Apple, buy AAPL |
Today’s Washington Post dissects the recent jump in Apple’s stock and looks at its historical performance (free registration required). "Regardless of how the company is doing in the market overall, Apple's stock price has tended to rise or fall in close association with whatever new product is causing positive or negative buzz... Apple's stock is ‘like Disney stock used to be’: People buy it for sentimental reasons more than economic reasons. People tend to grow attached to their PowerBooks or iPods and end up wanting to own a piece of the company.”
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