Kyle Conroy, a computer science student at UC Berkeley has just released a project that asks a provocative question: Should you buy Apple’s products or Apple’s stock. Using a large data set combining Apple’s stock price over time and the prices of nearly every Apple product introduced since 1997, he calculates how much your AAPL holdings would be worth if you had spent the price of a contemporary Apple product on investing instead.
For Mac lovers, it isn’t a pretty picture. In some cases, stock valuation has increased as much as 5800 percent. So, for example, a top-of-the-line Powerbook G3 from 1997 cost $5,700 at introduction. If you spent that on stock, you would have $330,563 bucks today. If you bought the laptop instead, it’s currently available for $10 on Ebay.
As a very small holder of AAPL, this makes me cry. Though I have invested a bit more than a 13″ MacBook Pro in stock over the past few years, I also bought that same computer, an iPhone, an iPod nano, a shuffle, and an iPod in the same period. I love them all, but it’s pretty eye-opening to see what might have been. How about you? Any products you wish you’d spent on stock?
