Founded in 1976, the company was not something that people living outside the US knew for decades, as its products were not widely available and not that interesting to mass audiences. Although, as “The New York Times” reminds, in 1979 the computer “Apple II” offered the first digital calculation table. The “Apple” device became a sensation because it revolutionized almost the entire business world.
The next big stop in the company’s history, which made it the giant it is now, came in 2007 – “iPhone”. While other phone manufacturers had been experimenting for several years before with various features that are now standard even for the cheapest smartphone, Apple was able to combine it all, in some cases improve it and, above all, sell it to the mass consumer. The company, which was a newcomer to the mobile phone arena, swept Nokia, Ericsson and other manufacturers out of the way in a short time.
So, for the past fifteen years, the company has been in a constant direction of growth – new products, new production facilities, new customers, new services and a seemingly unstoppable rise in the company’s share price. However, the year 2022, when, as more than one expert said, the “time of cheap money” ended, also cut a hole in the value of “Apple” shares. Some have already started to predict that the company is overvalued and that both the decline in the value of the share price and the shrinking of the company itself will begin.
40 years of growth “Apple” went public for the first time only four years after the company was founded – on December 12, 1980. In 2019, investment news and analysis media “The Motley Fool” calculated how much money an investor would have earned if he had bought Apple shares for $100 in 1980.
