When Apple Computer went public on December 12, 1980, it raised roughly $100 million, selling 4.6 million shares at $22 each, a relative low by today’s standards.
Despite its historic significance today, Apple's IPO was met with indifference; The Wall Street Journal barely covered the event, placing it on page 12.
At the time of its IPO, individual investors in Massachusetts were banned from buying Apple shares due to regulations that deemed its stock too risky.
At its IPO, Apple was not a dominant player, trailing Tandy Corp. in PC sales, demonstrating how drastically perceptions of technology companies have changed.
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