“The Macintosh has been quite a boon for Apple Inc (AAPL) shareholders,” Steven Russolillo reports for The Wall Street Journal.
“With the Mac celebrating its 30th anniversary on Friday, MoneyBeat took a look back at where Apple’s stock price traded 30 years ago,” Russolillo reports. “On a split-adjusted basis (remember Apple had two-for-one stock splits in 1987, 2000 and 2005), Apple closed at $3.41 on Jan. 24, 1984.”
“Fast forward 30 years later, and Apple closed Thursday at $556.18, meaning shares have risen 16,210% throughout the Mac’s lifetime,” Russolillo reports. “Here’s the tweet Apple CEO Tim Cook sent earlier today acknowledging the Mac’s birthday:”
Happy Birthday Mac! My life is infinitely better because we met. Today we salute everything you stand for. http://t.co/seLULo2cQ6
— Tim Cook (@tim_cook) January 24, 2014
Read more in the full article here.
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Apple’s Macintosh: ‘Doomed’ for 30 years and counting – January 24, 2014
Steven Levy: The Macintosh is 30, and I was there for its birth – January 24, 2014
20 ways Apple’s revolutionary, astonishing Mac changed everything – January 24, 2014
Apple invites website visitors to celebrate 30 years of Macintosh – January 24, 2014
Happy 30th Birthday, Apple Macintosh! – January 24, 2014
In the past two months liquidmetal is up from .06 to .38. It’s gonna be another great ride!
A big go fsck yo self to all the apple haters out there… you just cannot create, you just cannot fathom what it means. Get a Mac before, before it is too late and you leave this world more empty than when you came in!!!!
Wow, a rise of 16,210% , truly a testimony of the effectiveness of analysts, Wall Street Whores and other Superior Beings on keeping Apple doomed to failure.
I wonder how much icon lost on his AAPL today. Some days I don’t care if AAPL goes down as I’m in long term.
It would seem his biggest complaint could be easily resolved if he had just gotten to the game on time.
What does this mean for a real supporter of Apple? In 1997, on the return of Steve Jobs, I came to the conclusion that the government would give Microsoft untold problems if Apple disappeared. Plus, my job as a sound engineer in Hollywood relied on Apple computers, and was only likely to grow, not shrink. I bought 4000 shares of Apple at $6something, using my 401K account. Ultimately by 1999 I had over 5000 shares at an average of $17. During the Lehman stock market collapse, I actually bought another 100 shares at $90. I sold in February of 2012 at $511. At 59 years old I’m now basically retired with a nest egg $2M more than I would have had without Apple. It took a pretty good retirement plan and made it spectacular. As you approach retirement you can’t logically have such a big holding in one stock, so my only Apple investments are via ETF’s I now hold. But it’s been quite a ride, and it wasn’t luck, it was continued analysis of the future of these people. Thanks, Steve.