RE: Management Boost4 Sep 2020 21:21
DT
Over the Years to keep my sanity, especially after buying from 3p-13p then all the way down from 13p-1.6p again I check the history of the most successful tech type companies.
Apples been a great one for me. People think was a 5 min wonder but from 1981 was 13c & 1997 was still 13c.
Imagine us after 16 years lol Frustrating or what?
Then some things changed. The rest is history and your £20,000 is now £17.2 million if you kept them. Maybe more.
The iMac and MacBook
The iMac and MacBook computers are another example of wildly successful Apple products. The iMac was released in May 1998, with Apple trading in penny stock territory at $7.58. While it did not have an immediate impact on Apple stock, Apple was trading at $9.22, a 21.6% increase, a mere three months later.
The iMac would go on to be the "Number one selling machine through the retail and mail-order channels in the 1998 holiday season," according to the New York Times. Two years following the release of the iMac, Apple was trading at $27.53—a whopping 263% rise. The popularity of the iMac paved the way for quality products like the PowerBook G4 in 2001 and the MacBook Pro in 2006. Though popular products, the iMac desktops and MacBook laptops hold a small market share of global personal computers. As of Q3 2019, their market share was 7.6%.
The iPod
The first iPod was released in November 2001 and could hold up to 1,000 songs with a 10-hour battery life, all for the price of $399. On the first day of trading after the product's release date, the stock bounced around to eventually finish an unimpressive 5 cents up at $9.38. However, a week later on Nov. 19, Apple would close at $10.00 per share, a 6.6% increase.
While its initial effect on Apple's stock price was muted, this first iPod would lead a chain of hit iPod products and would set the bar for other companies in the portable media player market. In 2002, Apple released the iTunes Store as well as a Windows-compatible version of iTunes, finally making the iPod a viable option for Windows users. By the end of 2004, Apple had sold over 10 million iPods and was trading at $32.20.
We have a product/tech not many understand but Iam sure we have only just started the Mainstreaming of DMS. The S Class & others exposure is only the start. Once the other cars are on the road next Year BOOM....
DMS will be mainstream.
As you said just now, you had to read up to understand it & your an investor with SEE. Most of us the same. Our knowledge is way ahead of most normal people.
How do you think the suit with the pension fund thinks? DMS? WTF is that.
But they said that about the Apple computer aswell, Netflix, Google, The Ipad, Iphone & Amazon aswell.
We arent all wrong here, just early :)
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