The Rocky Mountain Collegian

September 12th, 2007

One In A Million

On Monday afternoon I found out that having an iPhone only makes me part of a group that now has 999,999 other members, and to the surprise of many other owners out there, I couldn’t be happier.  To be quite honest with you, the more iPhones I see that happier I will undoubtedly become and the more I will applaud Apple for their efforts.  Confused yet?  Good.

Here’s the deal.  You can love Apple or you can down right hate the company and everyone who associates themselves with the white earbud wearing, unique laptop carrying, non-business oriented group of people.  However, it is a lot easier to love a company that can create products to make life easier and if you’re really smart, make you some money while doing it.

If you don’t know by now, Apple Inc. has been a great stock choice for the last 5 years.  In fact, investing in the company just 5 years ago from today would have made you over 18 times your original investment.  Yeah, that’s $50.00 turning into $900.00 in a little over the amount of time it takes some people to graduate.  However, what really surprises me is the amount of people who never saw it coming.

Personally, I always loved the idea of an MP3 player and I searched high and low until the iPod came into the market and solved my problems.  Yet, I gave the company some more time to work on the kinks and really get a market share before I thought about investing, then reality set in.  Here is a company gaining a huge share over the portable music industry and the stock value remains low, what better time to buy?  And now look at their success timeline.

First, you have the introduction of the iPod (no further information is required).  Next, a quieter move, Apple produces more iPods while maintaining their dock-style base to allow an accessory market to emerge.  Apple and Intel become one, thereby making the lovable computers more affordable and faster than ever before.  Finally, Apple begins to set record numbers for themselves in computer sales while maintaining a huge share of the portable MP3 market, selling 3 billion songs on iTunes, entering into the Cell-phone/PDA/Smart-phone market, and on top of all of that they still make incredibly smart business moves.  Think about it, announcing that you have sold 1 million iPhones in just 74 days on an open stock market Monday.

All in all, here’s to you Apple, I can only hope to see more of your products and more outlooks come true, a high price target of $205.00 never looked so sweet.

This entry was posted on Wednesday, September 12th, 2007 at 12:00 am and is filed under Coins to Cash. You can follow any responses to this entry through the RSS 2.0 feed.

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