Re: Apple stock hits all-time high!

Maverick <Sun@xxxxxxxxx> wrote:

sure, the run up is tied to the coming earnings report, strong sales of
the iphone, ipod, and leopard coming up this month... but still it's a
steal if you want a solid long term investment. certainly smarter than
putting money in a house, car, or msft :)

Possibly. JCrowe is absolutely correct tho. The price of food is going
up and up. And it effects everybody. As the dollar goes down gas will
go up. This also affects everybody and Apple is not immune to these
inflationary prices. All it does is eat away at their profits indirectly.

although food is cheap. even a 5-10% rise isn't going to be very
noticeable. sure some people still don't shop at wal-mart so they get
screwed, but wal-mart keeps inflation low, so "food" really isn't an
issue if you know where to shop.

as for apple, it really doesn't matter much, again 40% of their sales
are outside the states, they don't build much of anything in the states
so they use their european bank accounts to pay for materials, not us
dollars.

thankfully, bush will be gone soon... only 474 days left...

http://www.backwardsbush.com/

then the $ will begin to rise again... but for now, it's great to sell
on ebay, foreigners really push up prices :) making me a nice little sum
on the side.
.

Relevant Pages

  • Re: Recession a Media created myth...
    ... I have already posted several links about the big upsurge in food ... Shoppers scrimp as food prices rise Thu Apr 3, ... Reuters sent reporters to three Wal-Mart stores this week to discover ... Reuters reporters visited Wal-Mart stores in Romeoville, Illinois, ...
    (rec.crafts.metalworking)
  • Re: Recession a Media created myth...
    ... Food is as cheap as it's ever been in the history of man. ... Shoppers scrimp as food prices rise Thu Apr 3, ... Reuters sent reporters to three Wal-Mart stores this week to discover ... Reuters reporters visited Wal-Mart stores in Romeoville, Illinois, ...
    (rec.crafts.metalworking)
  • Re: Doonesbury Oct 30
    ... You know, those people who eat too much, shop at Wal-Mart, ... good for them, we'll ban trans-fat, mandate that they get less food ...
    (rec.arts.comics.strips)
  • Re: Apple stock hits all-time high!
    ... The price of food is going up and up. ... This also affects everybody and Apple is not immune to these inflationary prices. ... sure some people still don't shop at wal-mart so they get screwed, but wal-mart keeps inflation low, so "food" really isn't an issue if you know where to shop. ...
    (comp.sys.mac.advocacy)
  • Re: Tesco & "Bulk Buying"
    ... as we apply the same standard and ethics to food ... personal shopping we don't ever shop at Tesco's. ... fast selling Polish and German products plummetted. ... items to their stock at prices that I couldn't match. ...
    (uk.rec.scouting)