Apple products dominate college campuses. From iPods to iPhones to MacBooks, nearly every product can be found in mass amongst young consumers. The company’s sleek design and easy-to-use interface make its products popular.
It was on this day, December 12th, in 1980, that Apple went public at $22 per share. When the company went public, it generated more capital than any IPO since Ford went public in 1956.
Since then, Apple has grown in popularity. The company reached a record of $108 billion in revenues in the fiscal year ending in September 2011. This revenue increase was significant, up from $65 billion in the fiscal year of 2010.