Jack Nicas has a good piece in The Times looking back at the last 20 years of Apple history, in light of today’s news. A few landmarks:
- 1996: Apple’s market cap sunk as low as $3 billion before the NeXT reunification.
- 2007: Apple was worth $73 billion when Steve Jobs introduced the iPhone.
- 2011: Apple was worth $346 billion when Tim Cook took the helm as CEO.
Apple closed today with a market cap of $1.002 trillion. That “.002” looks insignificant but represents $2 billion — about what the entire company was worth in 1996.
★ Thursday, 2 August 2018