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Today in Tech History – December 12: Apple Initial Public Offering

  • December 12, 2016
  • 1 min read
Today in Tech History – December 12: Apple Initial Public Offering

1980 – Apple Computer goes up for their Initial Public Offering and makes a statement in the market. Using the symbol “AAPL“, Apple shares started at $22 – but sell out within minutes. By the end of the day, shares rose to $29. The market value became 1.8 Billion, which, in turn, made employees and investors pretty rich – Steve Jobs reports $217 Million, being the largest shareholder. It beat out Ford Motor when it went IPOV (IPO Viral).

This Day in Tech History podcast show notes for December 12
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  • OSCAR I goes into orbit
  • Christopher Cockerell patents the Hovercraft
  • FidoNet #1 Hard drive failure
  • Gawker.com is hacked and full email, password information was up on the Pirate Bay
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Incubate Africa

Incubate Africa, founded on June 5, 2016, is a Tech company based and Founded in Africa with the main focus of showcasing African developed technology to the rest of the world. We strongly believe in what Africa has to offer the world. #Revolutionizing the startup culture

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