Volkswagen
What do Porsche and Apple have in common?
11/16/07 14:18
What do my two favorite companies have in common?
Well, actually lots. But I won't get into my
whole rant about this, rather, just point out one
thing...their stock price is extremely attractive
at this point.
Apple, which was over $190 just weeks ago, has tumbled a bit and stands today at mid-160's. Don't you think that it could easily jump back, especially with the holiday buying season upon us, and, supposedly a new sub-notebook being introduced at the main Mac Expo this January and new iPhone in Feb. A nice twenty percent jump might be in the cards, and more coming.
Porsche, whose stock price is approx. 1460 Euros has had a crazy drop. wasn't it around four hundred euros higher less than a month ago?
Part of this drop is part because of slightly slowing sales, part because of the perception that they are having trouble with VW unions, preventing a grab of more VW stock. Personally, I think that unions in Europe are so protective of their position that they are wary of any corporation coming in and reducing the workforce, etc. Maybe rightly so. But, if you ask me, Porsche's involvement in VW will strengthen that brand, and, by doing so, increase share prices for both companies.
I don't know. I think both Apple and Porsche are STRONG brands. And I think the downside is minor compared to the upside. Hey, I did tell my sister to buy Apple years ago at $14. Now with the splits and increases she's done amazingly well.
I could be wrong...but don't tell my wife that.
Apple, which was over $190 just weeks ago, has tumbled a bit and stands today at mid-160's. Don't you think that it could easily jump back, especially with the holiday buying season upon us, and, supposedly a new sub-notebook being introduced at the main Mac Expo this January and new iPhone in Feb. A nice twenty percent jump might be in the cards, and more coming.
Porsche, whose stock price is approx. 1460 Euros has had a crazy drop. wasn't it around four hundred euros higher less than a month ago?
Part of this drop is part because of slightly slowing sales, part because of the perception that they are having trouble with VW unions, preventing a grab of more VW stock. Personally, I think that unions in Europe are so protective of their position that they are wary of any corporation coming in and reducing the workforce, etc. Maybe rightly so. But, if you ask me, Porsche's involvement in VW will strengthen that brand, and, by doing so, increase share prices for both companies.
I don't know. I think both Apple and Porsche are STRONG brands. And I think the downside is minor compared to the upside. Hey, I did tell my sister to buy Apple years ago at $14. Now with the splits and increases she's done amazingly well.
I could be wrong...but don't tell my wife that.

