4 ms·

Apple's stock under Jobs: from $10 to $400

232 points by rblion 15y ago

lr 15y ago
$400 may have been the actual high price, but if someone had purchased one share in '97 for $10, when it was $400 share, that person would have $1600 worth of Apple stock. This is due to the fact that the stock has split twice since he came back in the mid '90s: http://investor.apple.com/faq.cfm?FaqSetID=2 http://investor.apple.com/faq.cfm?FaqSetID=2
- palish 15y ago
  That's pretty incredible. I had $10 back then, too, even though I was about 9. I remember thinking "the stock market seems interesting"... It's just cool to think that my $10 could've turned into $1600 with nothing but luck and patience.
hokua 15y ago
Jobs left Apple right when they no longer needed him. He saved the company he founded, and now its the most valuable tech firm in the world, and will be the leader for at least the next decade.
Anechoic 15y ago
Repeating a comment I made 529 days ago: http://news.ycombinator.com/item?id=1291314 http://news.ycombinator.com/item?id=1291314 "Back in Macworld Boston 1996, I bought one share of Apple stock at $16 and got a framed commemorative stock certificate. It went into a box when I moved later that year and I completely forgot about until I found it a couple of weeks ago. It's worth almost $1,000 now!" Thanks Steve. You will be missed.
- electromagnetic 15y ago
  Cash it, because without Steve I wouldn't guarantee you won't end up back at $16.
  - cmer 15y ago
    I wish I was privileged enough to have access to the downvote arrow.
  - veyron 15y ago
    That's almost as stupid as cashing an erdos or knuth check
nikcub 15y ago
I bought the stock in early '04 at $15, on margin (CFD's) and sold it all at around $20 (IIRC) to fund my startup (which failed)
- WorldGroove 15y ago
  Hey, at least you tried. You won't be cursed with the nagging thought of what-if-I-did-that-thing-back-then like so many of us. =/
crsmith 15y ago
If "Good to Great" were written today, I wonder what Jim Collins would have said about Apple (stock price increase was the basis for choosing good-to-great companies). Was Steve Jobs a Level 5 leader?

232 points by rblion 15y ago

lr 15y ago

$400 may have been the actual high price, but if someone had purchased one share in '97 for $10, when it was $400 share, that person would have $1600 worth of Apple stock. This is due to the fact that the stock has split twice since he came back in the mid '90s: http://investor.apple.com/faq.cfm?FaqSetID=2 http://investor.apple.com/faq.cfm?FaqSetID=2

palish 15y ago
That's pretty incredible. I had $10 back then, too, even though I was about 9. I remember thinking "the stock market seems interesting"... It's just cool to think that my $10 could've turned into $1600 with nothing but luck and patience.

hokua 15y ago

Jobs left Apple right when they no longer needed him. He saved the company he founded, and now its the most valuable tech firm in the world, and will be the leader for at least the next decade.

Anechoic 15y ago

Repeating a comment I made 529 days ago: http://news.ycombinator.com/item?id=1291314 http://news.ycombinator.com/item?id=1291314 "Back in Macworld Boston 1996, I bought one share of Apple stock at $16 and got a framed commemorative stock certificate. It went into a box when I moved later that year and I completely forgot about until I found it a couple of weeks ago. It's worth almost $1,000 now!" Thanks Steve. You will be missed.

electromagnetic 15y ago
Cash it, because without Steve I wouldn't guarantee you won't end up back at $16.
- cmer 15y ago
  I wish I was privileged enough to have access to the downvote arrow.
- veyron 15y ago
  That's almost as stupid as cashing an erdos or knuth check

nikcub 15y ago

I bought the stock in early '04 at $15, on margin (CFD's) and sold it all at around $20 (IIRC) to fund my startup (which failed)

WorldGroove 15y ago
Hey, at least you tried. You won't be cursed with the nagging thought of what-if-I-did-that-thing-back-then like so many of us. =/

crsmith 15y ago

If "Good to Great" were written today, I wonder what Jim Collins would have said about Apple (stock price increase was the basis for choosing good-to-great companies). Was Steve Jobs a Level 5 leader?