They can't believe that a dead company stole their lunch.
It's noteworthy, I think, that Dell and Apple were two of the most prominent holdouts from the sub-$1K market. Dell got its ass kicked, while Apple came back from the dead. Lessons to be learned here? Do I hear anyone lamenting the loss of the Apple clones, who would almost certainly have been marketing $1,000 600Mhz clones by now?
Didn't think so.
The latest BusinessWeek shows why Apple may never die: When you get a bunch of zealots working together on a product they all love, and you start winning hardware design awards and creating software that is compelling and fun rather than merely functional, good things happen.
I don't feel bad for Dell investors at all. Maybe you shouldn't fall in love with a stock, but I still think there's a hell of a lot to be said for using one's intuition to know what's right and wrong. I'm never going to have a 1,000% gain on my AAPL, but then I'm never going to have to use Windows, either. Fine with me.
Mark |
