Apple and the Widow
One Trillion Dollars! Earlier this month, Apple executives announced their 42-year-old company is worth One trillion dollars.
For those unsure how to write one trillion dollars, there is a one followed by 12 zeros.
Today, some believe Apple changed the world with its products. Still, there are quite a few who get along fine without Apple. For the rest, the company is a game-changer.
Apple went public in 1980, and for $22, anyone could buy a share. During the company's initial public offering, a middle-aged professor, who taught at a university in Brooklyn, bought a few of the more than four million shares available. He encouraged a young widow who'd just inherited a half-million dollars to buy some too. Her goal was to leave a financial legacy for her children, their children, and generations to come. Not knowing much about the stock market or IPOs, she was skeptical about making a purchase.
She passed on the offer. Instead, she kept her money tied up in real estate and her family. She thought that would be a safer deal. It wasn't. Today, most of her family is gone. She and the bank own her one home.
There are a lot of reasons, why she isn't wealthy today but mainly it's because "we become what we do."
There can be hundreds of articles on how Apple hit trillion dollars in valuation. The reason is this; Apple is run by people whose goal is to make money by any means.
So, if you find you're in a place far different than you'd envisioned for yourself.
Stop doing what you've always done.
Lose the fear and make money whatever it takes to allow you to live your dreams.
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.