December 12: Apple’s Initial Public Offering
1980 - Apple Computer goes up for their Initial Public Offering and makes a statement in the market. Using the symbol “AAPL”, Apple shares started at $22 – but sell out within minutes. By the end of the day, shares rose to $29. The market value became 1.8 Billion, which, in turn, made employees and investors pretty rich – Steve Jobs reports $217 Million, being the largest shareholder. It beat out Ford Motor when it went IPOV (IPO Viral).
Sponsor: Visit gotomeeting.com, click the try it free button and use promo code:Podcast.
Please add to your favorite aggregator. RSS Feed – iTunes – Stitcher – TechPodcasts–Twitter: @dayintechhist
Other Historical Events in Technology
- OSCAR I goes into orbit
- Christopher Cockerell patents the Hovercraft
- FidoNet #1 Hard drive failure







