What Is the Stock Symbol for Apple Computer?
You only have to see the many people with iPods and iPhones to realize that Apple Inc. has some winning product lines. If you are interested in finding out more about the company from the investor's perspective, you'll need the stock symbol for Apple Computer. In addition to the stock symbol, this article gives you an overview of the company's products, finances and history. Under Resources, you'll find a link to Apple's Investor Relations website for more information.
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Identification
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Apple Inc. (formerly Apple Computer) is traded in the United States on NASDAQ with the stock symbol AAPL. In addition, the stock is listed on the Frankfurt Exchange in Germany using the symbol APCD. You can use either to find stock quotes and information on the company on financial websites. As an alternative, Apple has daily stock quotes on its American investor's website (see Resources).
History
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The first Apple was a personal computer kit marketed by Apple founders Steve Jobs, Steve Wozniak and Ronald Wayne (who sold his share in 1977 to the others for $800). They incorporated the business the following year and introduced the Apple II, which featured an open architecture and color graphics that drew praise--and customers. With the later addition of the first business-quality spreadsheet software, the Apple graduated to a serious business tool. The company went public in 1980. In 1984, Apple introduced the Macintosh computer and LaserWriter, the first moderately priced laser printer. However, the challenge of the rising power of Microsoft nearly ended Apple's history. After losing much of its market share, the company joined with IBM and Motorola to reconfigure its product line, introducing the iMac shortly thereafter. Apple's fortunes turned more to consumer electronics, with a chain of retail stores inaugurated in 2001 and the spectacular successes of the iPod and iPhone.
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Types
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Headquartered in Cupertino, California, Apple markets computer hardware, software and consumer electronics both wholesale and through a chain of retail outlets. Major lines besides the iPod and iPhone include the newest Mac and iMac computer systems, peripherals and software developed by Apple Inc.
Size
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The company's stock was originally offered in 1980 at $22 a share and has split many times since. Apple employs tens of thousands of people.
Features
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Apple Inc. provides excellent information resources on its Investor Relations website, including annual reports, SEC filings and other financial documents. Current stock prices are updated several times daily. Apple also offers stock charts and historical financial information.
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