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Crash of 1987 »

Posted on 5 Mar 2011 | 8,970 views
Apple AAPL Stock Price on October 19, 1987

When Apple went public, it generated more capital than any IPO since Ford Motor Company in 1956 and instantly created more millionaires (about 300) than any company in history. The stock opened at $22 on the day of the IPO and closed at $29. Over 40 employees who left work at Apple on December 11 as working stiffs came to work next day as millionaires after the company went public on December 12, 1980.