Monday, December 31, 2007

My 2007 Predictions

LCD beats Plasma. At best buy more LCD TV units sold than all other formats combined.
HD-DVD beats bluray. Well, 578,000 HD DVD and 370,000 Blu-ray players were sold in 2007.

Gas over $3/gal. A miss, it is now 2.99 9/10 off by a 1/10 of a penny.
Oil over 100/b another miss it got as high as 99.60 but never broke 100.

Apple over 100 - big hit
Google over 600 - big hit
Trouble for GM - This year GM lost 39 billion.
Hybrids do well. Big hit. Prius sales are way up.
Lithium ion batteries replaces Nickle Metal in years to come.
High speed internet afforable. Back in 2005 I was paying $200/mo for broadband internet, now I only pay $10/mo.
Terabyte drives out in 2007. As late as mid may this year debunkers were laughing, but you can pick one up at best buy today.
Laptops for under $500 in 2007. Office Depot had some on sale for $399. Desktops for $299.


My prediction of trouble in real estate markets was a super hit.
The biggest hit of all was GOLD. I told people in 2001 to buy Gold. It is now over $833 an ounce.
My prediction that it would go over 1000/oz in 2009 looks a lot more possible now.

Even when I have a miss, it is not off by much.

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