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Apple Inc. Message Board

  • techstockguru007 techstockguru007 Jan 13, 2013 7:21 PM Flag

    I used to love APPLE, but...

    History is littered with consumer electronics companies that have seen their stocks soar, only to come crashing down when technology changes or the company experiences an operation misstep. It not a question of if this will happen, but when. Some examples of the numerous companies include:

    - RCA or Radio Corporation of America, which fell 98% in the 1930s from its 1929 peak.

    - Polaroid and Eastman Kodak (EKDKQ.PK), tech icons from the 1970s, which went bankrupt in the past few years.

    - Sony (SNE), the 1980s and 1990s consumer electronics giant, whose stock is down 93 percent from its 2000 peak.

    - Nokia (NOK), the dominate maker of cell phones in the 1990s whose stock is down 94 percent from its 2000 peak.

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