If you had purchased every single Apple product released since November 1997 -- right after Steve Jobs rejoined the company -- you would have spent $591,769. Now you'd have several basements full of mostly obsolete Apple gear. But if you had taken all that money and invested it in Apple stock on the day that each product came out, you'd now have $11,120,691.
Read more: Guess How Much Money You Would Have Made Buying Apple Stock Instead Of Products?
Of course it isn't likely that someone would buy everything, but there is a lesson here. The average person gives way too much money to companies like Apple or any of the cell phone companies. There is no way that the average consumer pays themselves as much money as they pay these corporations. It's absolutely nuts. Most who spend hundreds of dollars a month on gadgets and phone bills will regret it when they do the math as they near what they thought would be their retirement.
This electronic and telecom stuff is the biggest fleecing in consumer history.
Read more: Guess How Much Money You Would Have Made Buying Apple Stock Instead Of Products?
Of course it isn't likely that someone would buy everything, but there is a lesson here. The average person gives way too much money to companies like Apple or any of the cell phone companies. There is no way that the average consumer pays themselves as much money as they pay these corporations. It's absolutely nuts. Most who spend hundreds of dollars a month on gadgets and phone bills will regret it when they do the math as they near what they thought would be their retirement.
This electronic and telecom stuff is the biggest fleecing in consumer history.