Betting on Apple shares in 1980s was a very long shot

Thirty-seven years ago this week, Apple went public, raising a little over $100m (€85m) by selling its stock for $22 a share.

Thirty-seven years ago this week, Apple went public, raising a little over $100m (€85m) by selling its stock for $22 a share, writes Joe Nocera

The sale was as eagerly anticipated as any initial public offering, including those of other tech innovators like Netscape, Google or Facebook. Some 40 Apple employees became instant millionaires, starting with Steve Jobs, who was suddenly worth $217m.