Slashdot Mirror

← Back to Stories (view on slashdot.org)

Apple Announces 2 for 1 Stock Split

Posted by Zonk on from the double-for-nothing dept.

neosar82 writes "Yahoo has a story about Apple's stock split. Apple Computer Inc. whose shares have almost quadrupled in value over the last year on the success of its iPod music player, on Friday said it set a 2-for-1 stock split, and its shares rose almost 4 percent. Under the share split, Apple shareholders of record at the close of business on Feb. 18 will receive one additional share for every outstanding share held. Apple said trading will begin on a split-adjusted basis on Feb. 28."

1 of 73 comments (clear)

  1. bought apple stock after OSX by ndunn · · Score: 5, Insightful

    That was about 3+ years ago, at one of Apple's low points. The stock has about quintipled ($10/80). OSX was so clearly in the right direction, albeit broken that it was indicitive of good things (iPod,Mini, Xserve clusters, etc.) of things to come.

    There formula for success is the same as google's. Build an efficient user-experience over a solid backend.