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Strategies & Market Trends : The Art of Investing
PICK 45.22-0.6%Nov 18 4:00 PM EST
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To: Sun Tzu who wrote (3116)1/1/2022 12:56:50 PM
From: Kirk ©2 Recommendations

Recommended By
Arran Yuan
Clam digger

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Apple didn't invent the PC... I was programming on an HP portable computer in 1974 in high school. They bought it to do attendance where teachers were given IBM punch cards for each student and they'd turn in the missing students to be read by a big punch card reader to record their absence.

The FIRST Apple PC, the Apple 1, was released in 1976 when I was in college.

In high school, I was given an independent study class to program on this computer and to help my teacher, the head of the math department, use a program to search for prime palindrome numbers and other interesting numbers.

As a prank, I shocked everyone by showing how easy it was to put a loop in the program to reject my name so I could cut and not get recorded. Then I told them I'd never do that in "real life" because I'd just turned 18 and could write a note to excuse my absence myself... but it was easy to do as there was no security.

hpmuseum.net
HP entered the desktop computer business in 1968 with the introduction of the 9100.

hpmuseum.net

I'm not sure who officially gets credit for the first "portable computer" but I believe IBM or Xerox in PARC (Palo Alto Research Center) get credit with HP labs, near PARC, not far behind.

Anyway, I don't think Apple was EVER first for anything, but that is usually a good way to run a business as Jobs skill was making things easy to use and "beautiful" to look at.

As for Tesla, I agree it may follow the Apple as a stock path which nearly came to a bankruptcy in 1997 as our superior cost and performance HP computers nearly drove them out of business. Jobs brilliant pivot was to not compete on engineering and price performance but to give away PCs to the schools where teachers like my mother got one to teach other teachers to use them and then the "regular people" got the idea "Apple is easier to use" which it was and is because they do less to keep it simple.

Tesla compared to Mercedes may do the same. Both should do well long term with Tesla appealing to minimalists and MB the other end.
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