Re: Apple stock hits all-time high!

Oxford wrote:
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.

Obviously, you don't see where this trend is leading.
The dollar is about to collapse.
.

Relevant Pages

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