AAPL and Analysts

November 26, 2005 at 4:49 pm | Posted in Macintosh | Leave a comment

A good example of Internet accountability. Shortly after Apple announced the iPod in late 2001, alleged financial analyst Arne Alsin pronounced Apple dead. However, he was more negative than other analysts at the time, which is why he deserves a “worst foresight” award, as stubborn AAPL investors celebrate the stock reaching an all-time high.

The strange thing is that Alsin looks just like my previous financial adviser who had these words when I suggested adding AAPL to my portfolio after a small runup: It’s done – stick a fork in it [AAPL].

Thank God for E*TRADE 🙂

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