Introduction: A Look Back at Apple in 1980 In 1980, Apple Inc. was a fledgling company taking its first steps in the world of personal computing. Founded just four years earlier in a garage by Steve Jobs and Steve Wozniak, Apple had captured attention with its innovation. However, for most investors, it was still seen as an unproven upstart, especially when compared to IBM . IBM, or International Business Machines, was the undisputed giant of computing at the time. With decades of experience, corporate contracts, and a reputation for reliability, IBM was the obvious "safe" investment for those seeking stability and trust. The comparison wasn’t even close—IBM was a behemoth; Apple was a risky bet. But here’s the twist: investors who took a chance on Apple back then saw astronomical returns in the following decades . Those who believed in Apple’s potential beyond its “small player” status reaped the rewards of a company that would later reshape the technology industry. Sign ...
Personal Finances and Lifestyle