A Billion Dollar Apple

A Billion Dollar Apple

Apple no longer stops, new historical record, first company in the world to be worth 1 billion dollar.

Yesterday, at Nasdaq, the New York Stock Exchange of Technology Stocks, APPLE reached the record price of $ 207,05 per share, that is to say 1,000 billion capitalization. It was a historic moment for Apple and its CEO Tim Cook, who took a big revenge against those who doubted his managerial skills when Steve Jobs died.

Staggering numbers for the Cupertino company, to understand better the proportions of the value achieved by Apple just think that it is worth four times the economy of Greece, more than the GDP of Turkey and Holland and more than the sum of the four largest American banks, more than any car and oil company.

The story of Apple, however, has not always been rosy. Born in 1976 by Steve Jobs and Steve Wozniak, it became one of the most famous brands in the world in the early 80’s. In 1985, however, founder Steve Jobs was kicked out of the company and began his descent, culminating in 1996, when he was worth less than 3 billion dollar and Steve returned as CEO. Since that day growth has not stopped, thanks to the innovative ideas of a visionary genius, who first with iPods and then with iPhones allowed Apple to reach this historic goal.

The present and the future are in the hands of Tim Cook, who has shown, in these 7 years since Jobs' death, to carry forward the projects of its predecessor and to continue to grow the company despite the competitiveness of the competitors.