Microsoft Has Made Billions Off of Apple Stock

posted by  hjwin (10)  13 months ago (bink.nu)

Realsmart.com: If you are a long time Mac user, it is inevitable that at least one of your Windows loving buddies, will tell you the “absolutely false story” of how Microsoft and Bill Gates saved poor little Apple from death by giving them money in 1997. So how did Microsoft’s $150 million dollar investment in Apple stock do, for Microsoft?

Apple shares (AAPL) were selling at $5.43 a share in 1997, closing Friday at $122.06. The gain on these shares: $18.1 BILLION! Note: AAPL was selling at $127.53 up 5.31, and Microsoft shares were $27.99 down 0.27 while I write thi