News on August 27 that Microsoft and Apple seem to be in a perfectly competitive relationship, but in fact the two companies also had an interest relationship. According to a foreign media Softpedia report, as early as the 1990s, Microsoft held 18.1 million Apple shares , but in the end, Microsoft gave up these shares.
In 2003, perhaps because of short-term gains, Microsoft sold its shares in Apple. The sale price at that time was as high as 550 million US dollars. Microsoft’s initial investment was only 150 million US dollars. Bad business.
But if Microsoft hadn’t sold these Apple shares at that time, how much is it worth now?
According to TNW’s estimates, after all the stock splits during this period, Microsoft will eventually own 253.4 million shares. Calculated at the price of US$503.43 per share at the time of publication by foreign media, it means that Microsoft could have earned no less than US$127.5 billion through its shares in Apple. In other words, the Apple shares purchased by Microsoft in 1997 will be worth 850 times after 23 years.
Naijatechnews understands that as of press time, the current market value of Apple is approximately $2.1 trillion.
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