Monday, March 08, 2010 11:57:39 AM
I am a big Apple ethusiastic and have a big chunk of aapl stock but look at that table.
Clearly CY 2008's Apple growth was great ... but did have it's low points WHEN COMPARED to the corresponding month in CY 2007.
Then in comparison to CY 2008, CY2009 months are at a disadvantage since growth was very high from the previous years. (percentages being highly dependent on increases from the base you are working from). So what is coincidental (or not) is that when the increases in a month in 2008 were high, the increases in the corresponding 2009 month are low. Note the only big months increases in 2009 were when the numbers in 2008 (November and December) were low.
The low increases in the last two months of 2008 were clearly attributable to the economy falling off the cliff at the end of the year AND 2007 numbers for that same period being very high.
So now, we base our predictions based on 2009.
I like the optimism and agree with it but is this analysis telling us anything?
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