December 12, 1980: Apple goes public as it floats 4.6 million shares on the stock market for the first time.
In the biggest tech IPO of its day, more than 40 out of 1,000 Apple employees become instant millionaires. As Apple’s biggest shareholder, 25-year-old Steve Jobs ends the day with a net worth of $217 million.
Ireland is set to submit its formal appeal of a European Commission ruling that claimed Apple owes the country more than $14 billion in unpaid taxes.
The controversial tax ruling has been opposed by Irish citizens, a majority of whom say they don’t want Apple’s money. Ireland’s Finance Minister Michael Noonan said today that the country’s government has no choice but to appeal.
Apple just set an all-new record for the most App Store revenue brought in from one country in a quarter. Only instead of the United States taking the top spot, China is now Apple’s most profitable market for apps.
The U.S. Court of Appeals gave Apple another victory today in its five-year-long legal battle with Samsung.
Apple won its appeal in an 8-3 ruling that reinstated a previous patent-infringement verdict that awarded the company $119.6 million. The judges in the case said it was wrong for the three-judge panel to throw out the verdict in February and suggested Apple could be owed even more money.
Although WWDC is mostly software focused, it’s also significant reminder that Apple is always moving forward with new devices and other big announcements on the horizon.
Unfortunately for us Apple addicts that means you have to be prepared to shell cash when Apple busts out a surprise ‘One more thing…’ announcement, but it turns out Apple devices are a really good way to recoup some of those costs.
Apple reported record revenue during its earnings call Tuesday, but Tim Cook almost sounded like he was channeling Game of Thrones characters. He didn’t actually say “winter is coming,” but he might as well have.
Revenue is high for now, but iPhone sales are slowing down, the iPad continues to underperform and — most troublesome of all — the global economy will continue to play havoc with Apple’s bottom line.
Still, Cook and Co. remain optimistic about Apple’s ability to continue its world-beating performance. Here are five of the biggest takeaways we got from Apple’s Q1 2016 earnings call today with Cook and Apple CFO Luca Maestri.