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Apple is an American computer corporation founded in 1976 in California by Steve Jobs and Steve Wozniak. The company designs, makes, and markets personal computers, mobile phones, and music players. It sells proprietary software to augment its devices, as well as peripherals and contracts with third-party developers. The company’s products include the iPhone, iPad, and iPod, as well as its line of Macintosh desktop and laptop computers which run on its signature OS X operating system.

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12 Dec, 1980

IPO creates 300 millionaires

Steve JobsIPO0 Comments

apple_logo_nasdaq-x-largeApple launches its IPO on  the NASDAQ selling 4.6 million shares at $22 per share.  As soon as the bell rung in the NYSE about 300 millionaires were instantly created, some 40 of which are Apple employees and investors. Steve Jobs, the largest shareholder, made $217 million dollars alone.