December 26, 2007: Apple Hits $200 a share
2007 – With iTunes just signing a deal with FOX and their content for iTunes, stocks pushed upward to $200 a share. It was the first time Apple hit that barrier, and promptly dropped after. The company has been up and down, and in mid-2008 were at only $90 a share. However, after March 6th, 2008, the stock started to rise to the $400 / Share mark. Since then Apple climbed up to $700/share and then on June 9th, 2014 the stock was split 7-to-1. Currently, the stock is at $111 (technically $777 for those who purchased before the split).
Wikazine – Full show notes for December 26
- The National Machine Accountants Association is founded (later becomes AITP)
- eGroups CEO Michael Klien and daughter were killed in a small plane accident
- FM radio is patented