AAPL experienced significant growth during that 2005-2008 stretch. Volatility comes with the growth. Anyone investing in AAPL during that time should have been buying with the intention to hold and realize the returns on the grwoth. My biggest regret with AAPL was not buying more of it when I got my first Powerbook is late 2003.
The 2008 decline was a factor of questions exponentially raised into panic (by the current economic conditions) about the iPod's sales growth as well as the iPhones ability to gain market share. Even with those questions, it's still a stock worth holding onto and buying more of. That stock dropping to 119 recently was an absolute joke. Once the stimulus checks start going out, iPhone apps take it to the next level, and the the 2nd gen. iPhone with 3G hits shelves, AAPL will be back around 200 -- probably sometime in July.
The 2008 decline was a factor of questions exponentially raised into panic (by the current economic conditions) about the iPod's sales growth as well as the iPhones ability to gain market share. Even with those questions, it's still a stock worth holding onto and buying more of. That stock dropping to 119 recently was an absolute joke. Once the stimulus checks start going out, iPhone apps take it to the next level, and the the 2nd gen. iPhone with 3G hits shelves, AAPL will be back around 200 -- probably sometime in July.