“Apple Inc. (AAPL) used to rule its niche world and will continue to do so, with lots of room to grow,” Horacio Marquez writes for Seeking Alpha.
“As Coldplay’s ‘I used to rule the world…’ played softly on the outside stereo speakers of my sailboat ‘Southern Cross,’ as my family and I pleasantly glided by Execution Rock on a gorgeous Sunday afternoon in the Long Island Sound, I could not stop myself from thinking how the song got there. It was coming out of my daughters’ Apple iPod, interfacing with the boat’s new iPod-ready stereo system. And I was wondering whether it was time to get into Apple’s stock. Yes… even on a weekend sail,” Marquez writes.
“I have been patiently waiting to get into Apple for a long time. And now, as the market was tanking, sending good companies’ stock prices down with bad ones to ridiculously low levels, this could be the opportunity I’d been waiting for,” Marquez writes.
“How things have changed. For starters, my three Generation ‘Y’ daughters live connected to the Internet. On the way up to the club, we were listening to a mutually-agreed-to selection of their weeks of music stored in their iPods, which they downloaded from the Apple iTunes store onto their Apple laptop computers, before syncing them into their iPods,” Marquez writes.
“And at home, I can’t move around the house without coming across an Apple laptop left hibernating in the kitchen or living room. They never turn them off and their battery life seems infinite! And they come to life so quickly from hibernation, that whenever I need to consult movie times, I inevitably search them in one of their machines rather than in my top-of-the-line gaming Windows-based one, which I bought precisely to put a premium on speed,” Marquez writes.
“My daughters do their homework on them, consult their school e-mail, download music from iTunes, chat with their friends online and even engage in hour-long free videoconferences on iChat with friends both here and abroad. And when they are not in their Apple computers or doing homework, they listen to music on their iPods while they clean up their rooms,” Marquez writes.
“They even burn CDs with their favorite songs for friends. I thought that this might be a localized phenomenon, restricted to kids in affluent zip codes in the U.S. market. But I found out that my nieces in three other countries are in the Apple loop as well, and when we had my nephew from Germany spending a few weeks with us, he was keeping in touch with his friends in Frankfurt and Italy through the Macs as well,” Marquez writes.
Marquez writes, “Talk about a globalized world and a connected generation!”
Much, much more in the full article – recommended – here.
[Thanks to MacDailyNews Reader “Carl H.” for the heads up.]