Today in Apple history: Apple IPO mints instant millionaires

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Apple is worth more than the entire US energy sector combined
December 12, 1980, was an incredibly important day for Apple.
Photo: Ste Smith/Cult of Mac/401Calculator

December 12: Today in Apple history: Apple goes public at $22 per share, minting instant millionaires December 12, 1980: Apple goes public, floating 4.6 million shares on the stock market at $22 per share.

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. However, the big payday triggers internal tensions as it highlights Cupertino’s class divide.

iMac Pro packs more memory than every Apple II computer ever built

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Apple II
This amazing stat comes from Apple's first ever applications software engineer.
Photo: Computer History Museum

A midrange model of Apple’s new iMac Pro comes with a massive 11 times as many bytes of electronic memory as the Apple II, the company’s first breakthrough computer.

Doesn’t sound all that impressive? We’re not just talking about a single Apple II unit. Instead, that figure refers to the sum total of all electronic memory ever installed on all 6 million Apple II computers ever built!