In response to:

Apple (AAPL) is Different This Time

Kent147 Wrote: Apr 27, 2012 1:53 PM
You don't know what you are talking about. In the world of information devices, individuals and companies buy products that have applications and operating systems that work to meet their needs. Nowadays, there are two types of operating systems - traditional computers like desktops and PCs use (e.g., Microsoft Windows and Apple OSX) and second, mobile device operating systems like Apple's IOS or Google's Android. In the mobile department, Apple's IOS is winning hands down and will own the tablet and smartphone markets. That is done. In the PC world, OSX is growing at a rate 3 times Windows. Apple will gain share in this big, but shrinking market. In the application world Apple's "app store" has won. No "pet rock" will replace these

The furor over Apple stock brings to mind two statements that resonate through history in the investor’s graveyard.

First, I have to have it!  Second, this time it’s different! 

Let’s travel back in time for a moment.  Centuries ago, Frenchmen were lining up in droves in order to buy shares in John Law’s Mississippi Company. 

After all, North America was the new world and the riches to be derived from precious metals, furs, and commodities were practically immeasurable. 

Ships with settlers were traveling to the region to develop the land and enrich themselves.  Therefore, how could it...