stocks

Apple

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December 26, 2007: Apple Hits $200 a share

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Apple
Apple

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).

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  • The National Machine Accountants Association is founded (later becomes AITP)
  • <a class="zem_slink" title="eGroups” href=”http://en.wikipedia.org/wiki/eGroups” rel=”wikipedia”>eGroups CEO Michael Klien and daughter were killed in a small plane accident
  • FM radio is patented
hayes

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October 9, 1998: Hayes Microcomputer Filed Chapter 11

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Hayes Microcomputer Files bankruptcy

1998 – We all remember the modem, right? Dial into the internet through an ISP? Some of you may still have that technology, but if you have dealt with modems for a while, you remember Hayes.

The Hayes corporation was pretty big back in the day – giving your Apple II connectivity to the world. Well, that is until 1998 when it’s course ran out. Stocks went from $12 a share, down to almost nothing. Hayes had no choice but to file for bankruptcy.

Zoom Technologies (now called Zoom Telephonics) bought the company out in 1999.

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  • Nino 200 and 500 were discontinued
  • BBC starts programming
  • the TV show Heroes first airs
Michael Dell

/

October 6, 1997: Michael Dell: “I’d Shut Apple Down”

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Michael Dell

1997 – Gil Amelio just was just removed as CEO of Apple. People were calling for Steve Jobs to return, but others thought that would be a bad investment. At a Garner Symposium, Michael Dell was asked what he would do with Apple. He came back in saying:

“I’d shut it down and give the money back to the shareholders.” – Michael Dell

Had Apple done that, we might see a completely different market out there. Then again, we might just see the OS X as the NeXT OS on a regular PC – with NeXTpods and NeXTpad (instead of iPad).Steve Jobs had always run a war of words with Dell. However, this comment could have actually been a fuel for Jobs fire. In fact, in 2006, Jobs sent an email to employees after Apple surpassed Dell in market share. It said:

Team, it turned out that Michael Dell wasn’t perfect at predicting the future. Based on today’s stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. – Steve Jobs

Subscribe to the Day in Tech History

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Apple

/

December 26, 2007: Apple Hits $200 a share

, , , , , , , , , , , , , , , , , , 0 Comments

Play

Subscribe! Spotify | RSS | More

Apple
Apple

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).

Subscribe to the Day in Tech History

Subscribe to Day In Tech History:

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  • 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
hayes

/

October 9, 1998: Hayes Microcomputer Filed Chapter 11

, , , , , , , , , , , , , , , , , 0 Comments

Play

Subscribe! Spotify | RSS | More

Hayes Microcomputer Files bankruptcy

1998 – We all remember the modem, right? Dial into the internet through an ISP? Some of you may still have that technology, but if you have dealt with modems for a while, you remember Hayes. The Hayes corporation was pretty big back in the day – giving your Apple II connectivity to the world. Well, that is until 1998 when it’s course ran out. Stocks went from $12 a share, down to almost nothing. Hayes had no choice but to file for bankruptcy. Zoom Technologies (now called (Zoom Telephonics) bought the company out in 1999.

This Day in Tech History podcast show notes for October 9

Subscribe to the Day in Tech History

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  • Nino 200 and 500 were discontinued
  • BBC starts programming
  • the TV show Heroes first airs
Michael Dell

/

October 6, 1997: Michael Dell Says I’d Shut Apple Down

, , , , , , , , , , , , , , , , , , , , , , , 0 Comments

Play

Subscribe! Spotify | RSS | More

Michael Dell

1997 – Gil Amelio just was just removed as CEO of Apple. People were calling for Steve Jobs to return, but others thought that would be a bad investment. At a Garner Symposium, Michael Dell was asked what he would do with Apple. He came back in saying:

“I’d shut it down and give the money back to the shareholders.” – Michael Dell

Had Apple done that, we might see a completely different market out there. Then again, we might just see the OS X as the NeXT OS on a regular PC – with NeXTpods and NeXTpad (instead of iPad).Steve Jobs had always run a war of words with Dell. However, this comment could have actually been a fuel for Jobs fire. In fact, in 2006, Jobs sent an email to employees after Apple surpassed Dell in market share. It said:

Team, it turned out that Michael Dell wasn’t perfect at predicting the future. Based on today’s stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. – Steve Jobs

This Day in Tech History podcast show notes for October 6

Subscribe to the Day in Tech History

Subscribe to Day In Tech History:

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  • Lotus Development goes Public
  • Windows 2.0 and Excel 2.0 are released
  • AMD splits the company