Dell, Apple, & Coke: Buy the product, or buy the stock?
Anil Dilawri posted an interesting analysis. His friend Brian bought an average Dell computer in the early 90s. He paid $3000. Had he bought 3K in Dell stock instead – he’d be sitting on a cool $2 million!
I wondered about my poor little Powerbook duo I got in 1992. It also cost nearly $3000. At that time though Apple shares were doing well – $70. Since then the stock split 2/1 twice. The current share price hovers at $122. So (if my calculations are right…) had I bought Apple stock instead of the PowerBook – I’d have a lukewarm $7000. (not counting dividends). Glad I went with the PowerBook.
As I worked with my new PowerBook, I also bought cold refreshing bottles of Coca-Cola. Had I bought $3000 worth of Coke stock in 1992 – it would be worth $15,000 today.
Moral of the story: Buy Dell stock, Use Apple computers, Drink Coke!
UPDATE: As Jobe points out – I screwed up the Mac share calculation. They should be worth over $20,ooo. (that’s exactly why I don’t do my own taxes!)
Tags: Anil-Dilawri, Apple, Dell, Coke
Commenting using my old PowerBook running IE 4.5 on Mac OS 9. Man, does this site suck using this old browser! We’ll just have to fix that and make sure to make a new ‘old machine’ version of this website.
I’ll also have to find some alternative web browser than IE 4.5 for Mac OS 9. Almost all sites look weird with this browser.
Anyway, my first Mac was an LC III I owned in ’93 cost about $1350 US. It had 4 Megs of Ram and a 80 Meg HD. Well, that computer helped me find work at both Bell and eventually Nortel. Well worth the investment. I made that computer last until my next, a Power Mac 7200 and then eventually this PowerBook G3. Yeah over the years I’ve invested a lot in Apple computers, but they’ve always paid off big time. The investment is only a fraction of what you gain from owning one. Of course, I could have always bought a PC and had better game titles. ;-p
Yeah I remember those powerbook duos. Did they come with System 6 or 7? That was a pretty sweet machine to own in its day. I liked that you could just dock them into a monitor set up. Claris Draw was popular then as was Hypercard. Wasn’t that when Photoshop 1 or 2 came out?