2015-12-14

If you'd bought Apple stock instead of an Apple III, you'd be a millionaire

If you'd bought Apple stock instead of an Apple III, you'd be a millionaire In December 1980, Apple’s newest computer was an Apple III, with a starting price tag of $4340. Today, you’d be lucky to get that much for it — despite the relative rarity of that particular model.

Apple’s official IPO anniversary is actually tomorrow, December 12. At the time, the Wall Street Journal noted that, “Not since Eve has an Apple posed such a temptation.” It wasn’t wrong. The company’s public offering turned out to be the biggest since the Ford Motor Company in 1956.

Steve Jobs, just 25 years old at the time, ended the day valued at $217 million.
While you're at it, you should travel back in time and invent plastic.