I have been monitoring Apple stock for quite some time and I have always admired Apple as a great innovator in computing and now music players and great marketer. I got excited by their introduction of ipod nano and went with my son Yash to check it out in Apple Store in Valler Fair Mall.
It was so cool and neat that Yash wanted to buy it immediately. I mentioned to him that we will buy over Christmas and started thinking how can I use this cool nano.
I started a competition on my group on whoever fixes most defects from Sept to Dec05 timeframe would get a ipod nano. We call it as "nano" race. And the group got really excited about this race and I am seeing about 30-40% increase in defect fix rate than normal conventional times. My conclusion is that folks get motivated more by public recognition and competative spirit of race.
Now coming to nano for myself or Yash, I decided that I will buy nano only with money made on Apple. So I went and bought 100 shares of Apple at around 52. I hope to buy nano (or new video enabled iPOD) with gains from this and my guess is Apple stock would touch 60 by Christmas timeframe giving me enough gains to but one of these ipods myself
MBA update:
Just completed final for MicroEnconomics yesterday and OB presentation. Final went so-so since I made some silly mistakes. OB presentation went ok. My MBA course is almost 10 % complete. Next week two courses: Marketing and Accounting are starting. It would be interesting
It was so cool and neat that Yash wanted to buy it immediately. I mentioned to him that we will buy over Christmas and started thinking how can I use this cool nano.
I started a competition on my group on whoever fixes most defects from Sept to Dec05 timeframe would get a ipod nano. We call it as "nano" race. And the group got really excited about this race and I am seeing about 30-40% increase in defect fix rate than normal conventional times. My conclusion is that folks get motivated more by public recognition and competative spirit of race.
Now coming to nano for myself or Yash, I decided that I will buy nano only with money made on Apple. So I went and bought 100 shares of Apple at around 52. I hope to buy nano (or new video enabled iPOD) with gains from this and my guess is Apple stock would touch 60 by Christmas timeframe giving me enough gains to but one of these ipods myself
MBA update:
Just completed final for MicroEnconomics yesterday and OB presentation. Final went so-so since I made some silly mistakes. OB presentation went ok. My MBA course is almost 10 % complete. Next week two courses: Marketing and Accounting are starting. It would be interesting
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