Fan Boys Power Apple to Long-Term Gains
The New York Times first began to describe Apple (NASDAQ:AAPL) as a “cult” and “religion” in 2007. In more recent times, technology writers Chris Matyszczyk and Nick Bilton have both dismissed Apple followers as overzealous “fan boys” who rail against anything short of fawning commentary toward this Cupertino, California-based company. Fan boys, of course, do have plenty of reason to cheer for a business model that integrates technical proficiency alongside artistry to claim Wall Street’s flag as the world’s largest corporation at the moment. To date, Silicon Valley competition has failed to challenge Apple brand loyalty. At worst, Apple fan boys may unwittingly drive the bandwagon up the 5 freeway into Microsoft (NASDAQ:MSFT) territory.
Again, Apple shares would merely track the S&P 500 Index and pay out regular dividend payments through iPhone and iPad product maturity, at the very least. Innovation, of course, may not be calculated with any regular algorithm. Most likely, Apple stock will outperform the broader market over the long term. The late Steve Jobs and his fan boy loyalists would not have it any other way.
Apple’s product mix
Apple’s 2006 “Get a Mac” campaign still sets the stage for today’s consumer electronics market. Apple has personified itself as a chic, yet practical hipster. Alternatively, Microsoft is a company man in a sack suit from a bygone era who trips over his own feet. Today, Jobs’ halo effect still levitates above Apple’s iPhone, iPad, iMac, iPod, and iTunes platforms. Legendary investor Warren Buffett opines that fan boys fiercely guard the Apple business model from behind a moat. Alternatively, Microsoft has been resigned to lord over a rapidly deteriorating personal computer industry. At best, Windows may be described as a third wheel player beside Apple iOS and Google (NASDAQ:GOOG) Android in mobile.