About Macs, OK, this is just one company, but one (pretty large) piece of data for the trend line. We used to be an "all Mac" shop, at least in engineering. Something about the "IBM PC" being made by a competitor, and NIH. Not having a PC of our own making, Mac became the highly recommended platform. That started to change a few years ago when it was found that some applications we used, like Microsoft Project, a planning tool, cost twice as much for the Mac version as for the Windows version. OK, it is a piece of Microsoft software. Others found office or technical applications not available, more expensive (again) or slower on Macs. Macs started to disappear. The other day, I walked into a guy's office, he said he had the mail we wanted to see on his PC, which we all turned to. The pulldown menu looked strangely familiar, oh yeah, a Mac! That's how rare they are here, FWIW. Again, just one place, but almost all the Macs are gone. BION, I used to be a Mac bigot.
You should check out AAPL...the stock is trading at a forward PE of about 12, and
they've been profitabl.
No way I can consider Apple stock when I see their product, which used to be numbered in the high hundreds here, essentially gone. It may be cheap, but there are a hell of a lot of other places to invest.
Tony |
