The Traderszone Network

Published in TZ Latest News 20 April, 2015 by The TZ Newswire Staff

Apple’s 1980 IPO Offers A Lesson: Hype Seldom Helps

For many investors, the true romance with Apple (AAPL) didn’t begin until April 2003, when the stock was a split-adjusted 0.908. Anyone who invested $6,797 at that low, and held the stock 12 years, reached $1 million at the stock’s February high this year. Of course, no one knew to do that. Over its entire stock history (1980 to the present), Apple took more turns than a soap opera star. In 1976, Steve Jobs co-founded the company.

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