Conroy has said that rather than buy a hunk of expensive junk which will be obsolete in six months it was far more useful to take the same amount of money and invest it in Apple shares.
If in 1997 you had bought Apple stock instead of spending $5,700 on the PowerBook laptop, you’d be sitting on about $330,000.If you visit his site, he has a spreadsheet which does all the complex math.
If you spent $299 on stock instead of an iPod on April 28, 2003, your investment would be worth more than $11,000 today.
Conroy’s calculator doesn’t yet include the iPad, which was released April 3 and starts at $499. But so far, it looks like stock would be a better deal too. If you invested after a month the $499 in shares on the day before the launch of the iPad you would already have a $70 profit.
Kyle did include the idea of what you would have to continue spending to keep your expensive gadget. For example if you bought a PowerBook in 1997 you would have had to have replaced it every year or two years at least that is six Powerbooks during the same period which we think would probably add up to on average $3500 each.
Also it does not assume that if you are dumb enough to buy expensive Apple gear instead of a real computer, that you probably have bought shedloads of other pointless gear from the outfit too.
So all up if the cost of buying Apple gear and not investing in the company means that you probably would be a millionaire right now rather than being a smug git, without a girlfriend, but with lots of redundant out of date Jobs’ Mob gear in your basement flat.
Still, you would have charted the rise of Coldplay and er… that’s it.The irony is that you could have afforded a decent spec non-Apple PC and still made a killing investing in the outfit.