Chart | Calendar | TRADE NOW | FORCAST | STOCKS Early movers: AAPL, ADP, EL, GRMN, HUM, DLPH, YUM, MDLZ & more BUZ INVESTORS EARLY MOVERS which companies are making headlines before the bell Apple iPhone miss hits suppliers May 3, 2017 6:22 AM ET|About: Apple Inc. (AAPL)|By: Yoel Minkoff, SA News Editor Shares of Apple’s European […]
Apple Inc. | NASDAQ: AAPL
AAPL Apple was established on April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to sell the Apple I personal computer kit. The Apple I kits were computers single-handedly designed and hand-built by Wozniak and first shown to the public at the Homebrew Computer Club.]The Apple I was sold as a motherboard (with CPU, RAM, and basic textual-video chips), which was less than what is now considered a complete personal computer. The Apple I went on sale in July 1976 and was market-priced at $666.66 ($2,772 in 2016 dollars, adjusted for inflation).
Apple was incorporated January 3, 1977, without Wayne, who sold his share of the company back to Jobs and Wozniak for $800. Multimillionaire Mike Markkula provided essential business expertise and funding of $250,000 during the incorporation of Apple.During the first five years of operations revenues grew exponentially, doubling about every four months. Between September 1977 and September 1980 yearly sales grew from $775,000 to $118m, an average annual growth rate of 533%.
The Apple II, also invented by Wozniak, was introduced on April 16, 1977, at the first West Coast Computer Faire. It differed from its major rivals, the TRS-80 and Commodore PET, because of its character cell-based color graphics and open architecture. While early Apple II models used ordinary cassette tapes as storage devices, they were superseded by the introduction of a 5 1/4 inch floppy disk drive and interface called the Disk II. The Apple II was chosen to be the desktop platform for the first “killer app” of the business world: VisiCalc, aspreadsheet program. VisiCalc created a business market for the Apple II and gave home users an additional reason to buy an Apple II: compatibility with the office.Before VisiCalc, Apple had been a distant third place competitor to Commodore and Tandy
Chart | Calendar | TRADE NOW | AAPL Apple Stock: Targeting Resistance BUZ INVESTORS Higher Prices What is there not to love about Apple Inc. (NASDAQ:AAPL) products? I personally have an “iPhone” and a couple of “iPads,” and I must say that these products have become a staple in my life such that I would have a hard time […]
Chart | Calendar | TRADE NOW | AAPL After-hours buzz: AAPL, TWLO, WTW & more Apple Reports Second Quarter Results Apple® today announced financial results for its fiscal 2017 second quarter ended April 1, 2017. The Company posted quarterly revenue of $52.9 billion and quarterly earnings per diluted share of $2.10. These results compare to revenue of […]
Apple hires two former Google heavy hitters to help its burgeoning satellite program. BUZ INVESTORS Internet Satellites A couple of recent high-profile hires indicate that Apple Inc. (NASDAQ:AAPL) is getting serious of launching some type of satellite internet service. The moves may also be tied to its ambitions to create driverless car technologies. Bloomberg has […]
iPhone 8 Could Shake Up AAPL Stock Forecast in 2017 Buz Iinvestors iPhone 8 News The truism holds that there is no faster way to cause mass hysteria among techies than a press release—or widespread rumor—about the next iteration of the “iPhone.” And that excitement has only increased with every scintilla of the next-generation “iPhone […]