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Apple's Long Road To $300

Posted by samzenpus on from the long-strange-trip dept.

itwbennett writes "Apple shares inched over $300 for the first time Wednesday, nearly 30 years after Apple's initial public offering in December 1980. But it hasn't been a steady climb. In fact, says blogger Chris Nurney, 'Apple's stock history can be divided into two clear periods — the early years, from the IPO through Steve Jobs's long absence from the company after losing a power struggle in 1985, and the modern Jobs era, which began on September 16, 1997.' The bottom line: 'If you had purchased $10,000 of Apple stock the same month that Jobs again began leading the company, your shares would be worth $554,000 today. Not a bad return on the investment.'"

7 of 264 comments (clear)

  1. Re:Bad news by Kjella · · Score: 1, Funny

    You almost had me going there until "amazing Windows Mobile 7". Too much...

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    Live today, because you never know what tomorrow brings
  2. On the other hand by PolygamousRanchKid+ · · Score: 5, Funny

    'If you had purchased $10,000 of Apple stock the same month that Jobs again began leading the company, your shares would be worth $554,000 today. Not a bad return on the investment.'"

    However, if you bought Apple stock, you probably bought about $600,000 in Apple products: iPhones, iPads, iTunes iThinkpads . . . etc.

    So you are down 56,000 on the deal

    --
    Schroedinger's Brexit: The UK is both in and out of the EU at the same time!
    1. Re:On the other hand by Pieroxy · · Score: 2, Funny

      But you have a heck of a lot of gadgets to sell back on eBay if you need cash !

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      Write boring code, not shiny code!
  3. Re:Bad news by Anonymous Coward · · Score: 1, Funny

    In the immortal words of Snoop Dogg: "Drop it like it's hot". Into the porcelain trone, for example. After a few times they stop issueing, believe me.

  4. Re:Bad news by Sockatume · · Score: 4, Funny

    Jobs is crying himself to sleep that he makes half the money in the cellphone industry with only a twentieth of the marketshare. Weeping.

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    No kidding!!! What do you say at this point?
  5. Re:How is Apple's stock price not a bubble? by dloose · · Score: 2, Funny

    Step 1: Say something inflammatory Step 2: End post with "enjoy your flamewar" (you know, the one you just started) Step 3: ??? Step 4: Somehow convince someone to mod your post "insightful"? I've complained about it before, but Slashdot's moderation system is really, really broken. Please mod this post off topic, because that's what it is.

  6. Re:Don't forget the splits by howthatdo · · Score: 2, Funny

    Ugh.. I've sullied my /. rep. The 5.485 price is split-adjusted so, yes, your $10k would be worth ~$550k now.