1. Michael Essany's Avatar

    33 years ago today, history was made. On December 12, 1980, the business Steve Jobs co-founded and eventually cultivated into the world's most profitable company, went public.

    Commemorating Apple's Wall Street debut, EDN has published a comprehensive look back on the 33-year history of Apple's historic run as a publicly traded company.

    4.6 million shares of AAPL (priced at $22 per share) were sold on the first day of trade. The shares, EDN reports, sold out almost immediately. In fact, the IPO generated more capital than any IPO since Ford Motor Company (1956).

    Instantly, about 300 millionaires, some 40 of which are Apple employees and investors, are created. That is more millionaires than any company in history had produced at that time. Steve Jobs, the largest shareholder, made $217 million dollars alone.
    Three decades later, Apple is still going strong, having appreciated by more than 15,000 percent.

    To take the entire stroll down AAPL memory lane, check out the full report from EDN here.

    Source: EDN
    2013-12-13 01:13 AM
  2. slim.jim's Avatar
    If only I had been alive and invested.
    2013-12-13 01:49 AM