Daniel Povey, a professor who was fired by Johns Hopkins University, said he will no longer go work at Facebook after the company asked him to work as a contractor while it...Technologyread more
Markets would like Fed Chairman Jerome Powell to clarify whether the Fed sees itself at the beginning of a serious, longer-term rate cutting cycle.Market Insiderread more
In comparative terms, CEOs now make on average 278 times the average worker's salary, according to the Economic Policy Institute.Executive Compensationread more
The former cellmate's lawyer, Bruce Barket, told NBC that officials at the jailhouse said in an email that Tartaglione would face no charges or internal discipline now that...Politicsread more
Roger Stone and the Department of Justice have been sparring for a month over whether jurors can be shown a 4-minute-and-20-second clip from the film.Politicsread more
As part of his new proposal to combat hate and violence, O'Rourke wants to make social media companies liable for users' hateful content.Technologyread more
The company first listed its shares on public exchanges on Dec. 12, 1980, at $22 a share. Several stock splits and more than a billion iPhones later, the stock has gained 43,371 percent on a price appreciation basis. (In absolute terms the stock trades for about $170 these days. The stock has split a few times over the decades.)
Apple has been sliding as of late, though. Last week, the stock turned negative for 2018, and last month, it suffered its worst month of trading since the 2008 financial crisis. On top of everything else, Apple lost its crown as the most valuable publicly traded U.S. company to Microsoft.
For comparison, Microsoft stock has gained more than 151,000 percent since its IPO on March 13, 1986.
Price appreciation is change in the stock price, not including dividends paid to the investor.