Thursday, August 02, 2018

Apple Reaches a Trillion Dollar Valuation

Businessweek Article

Apple becomes the first company to be valued at $1 trillion

42 years after the company was founded the iPhone firm makes history

1980
$0.51 share price
12 December 1980 Apple goes public to 
instant financial success
January 1983 Apple Lisa released
1985
$0.27
1985 Chairman Steve Jobs quits Apple 
after a boardroom power struggle
1990
1995
$0.49
1997 Jobs rejoins Apple, becomes CEO
August 1998 Launch of iMac G3
in translucent Bondi blue
2000
$1.30
October 2001 iPod launched
2005
$17.43
June 2007 iPhone released
2010
$53.74
August 2011 Jobs resigns because of ill-health.
Tim Cook becomes CEO
$100
September 2012 iPhone 5 sells
5m units in three days
2015
$122
February 2015 First 
company valued at 
more than $700bn
2018
$0
50
100
150
200
$207.05
August 2018 Shares surge on news of the company’s quarterly 
figures. The new share price values Apple at $1tn

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