If (in early 2000) You Had Bought Nokia Stock Instead Of A Nokia Phone... http:/... | Hacker News

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uvdiv on March 11, 2011 | parent | context | favorite | on: If You Bought Apple Stock Instead of Products

If (in early 2000) You Had Bought Nokia Stock Instead Of A Nokia Phone...

http://www.google.com/finance?q=NYSE:NOK

...you could today afford two styrofoam cups and a piece of string.

An off-hand observation: Nokia's late-90's rise looks just as spectacular as Apple's in the 00's.

MichaelApproved on March 11, 2011 [–]

I think the differnece here is the P/E multiple apple is getting. They have more E (Earnings) to justify their P (stock Price).

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