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Apple Inc. Message Board

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

    I used to love APPLE, but...

    NOT AS AN INVESTMENT HERE:
    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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