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Rare Apple I ‘Celebration’ model fetches $815k in auction, falling short of $1m estimates
9 to 5 Mac ^
| August 25, 2016
| By Chance Miller
Posted on 08/26/2016 6:24:32 PM PDT by Swordmaker
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To: dayglored; ShadowAce; ~Kim4VRWC's~; 1234; 5thGenTexan; Abundy; Action-America; acoulterfan; ...
Apple Computers don't always hold their value. This one didn't quite bring the value its sellers wanted. It only brought in 85% of the expected selling price. . . $850,000! Oh, well, I could live with that. DAMN! didn't I have the 20/20 foresight to let loose of $666 back in the mid-1970s and buy one and stick it in a closet? PING!
Apple 1 Sells for $850,000
Ping!
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2
posted on
08/26/2016 6:29:16 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: Swordmaker
Or buy one in the ‘80s for $10.
3
posted on
08/26/2016 6:33:01 PM PDT
by
E. Pluribus Unum
(If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
To: Swordmaker
So, if $10,000 worth of Apple stock bought 10 years ago is worth $667,159.85 today; what would $666 worth of Apple stock bought in 1970 be worth?
https://i.imgur.com/4Qol0.png
4
posted on
08/26/2016 6:38:54 PM PDT
by
Hodar
(A man can fail many times, but he isn't a failure until he begins to blame somebody else.- Burroughs)
To: E. Pluribus Unum
That would be the Garage Sale find of a lifetime!!
5
posted on
08/26/2016 6:39:40 PM PDT
by
Hodar
(A man can fail many times, but he isn't a failure until he begins to blame somebody else.- Burroughs)
To: Hodar
So, if $10,000 worth of Apple stock bought 10 years ago is worth $667,159.85 today; what would $666 worth of Apple stock bought in 1970 be worth? 1980 was the year of the IPO at $22.00. The stock has split 56-to-1 since then. So $666 would have bought 30.27 shares, which would be 1695.27 current shares worth $106.94 each or a total of $181,292.46. If I added the dividends correctly it would be $454.40 per original share for $13,754.69 more or a total of $195,047.15.
6
posted on
08/26/2016 7:23:28 PM PDT
by
KarlInOhio
(Shut up, Bob Costas. Shut up! Shut up! Shut up! Shut up! Shut up! Shut up!)
To: Swordmaker
And that thing is useless without some supporting hardware. It is nothing more than a mother board with a connector on the side. There is not even a place to plug in the little circuit board shown on the side...What ever that is. No keyboard. Just a power transformer. Where is the output for a monitor?
7
posted on
08/26/2016 7:31:03 PM PDT
by
Revel
To: Hodar
Microsoft split many times since MS went public. MS would still have been a better buy.
8
posted on
08/26/2016 7:31:52 PM PDT
by
CodeToad
(Islam should be banned and treated as a criminal enterprise!)
To: Revel
And that thing is useless without some supporting hardware. It is nothing more than a mother board with a connector on the side. There is not even a place to plug in the little circuit board shown on the side...What ever that is. No keyboard. Just a power transformer. Where is the output for a monitor? You're right, it's a lame hack, it'll never sell. And to think, a couple of long-haired stoner hippies want to make a company out of it - how naive can you get?
9
posted on
08/26/2016 7:49:18 PM PDT
by
Talisker
(One who commands, must obey.)
To: Hodar
So, if $10,000 worth of Apple stock bought 10 years ago is worth $667,159.85 today; what would $666 worth of Apple stock bought in 1970 be worth? Not a thing. Apple didn't exist until 1976. . . and the first iPO wasn't until 1980. So any stock bought in 1970 would be a fraudulent stock. ;^)
Seriously, if you had bought $666 of Apple iPO at $22 a share in 1980 and kept it until to day, it would be worth $189,840.00. The Apple1 was a better investment.
10
posted on
08/26/2016 7:53:19 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: KarlInOhio
My answer didn’t account for the extra 27¢ . . . what a difference. LOL!
11
posted on
08/26/2016 7:56:33 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: Revel
And that thing is useless without some supporting hardware. It is nothing more than a mother board with a connector on the side. There is not even a place to plug in the little circuit board shown on the side...What ever that is. No keyboard. Just a power transformer. Where is the output for a monitor? Monitor, What monitor? We don't need no stinkin' monitor!
The Apple 1 connected right to a TV. Monitors back then cost at least $700.
Most people who would have bought one would buy a keyboard, but you could pickup one of them surplus cheap. The storage device was a standard cassette recorder. The connectors are there. Steve Wozniak included them. You just have to know where they are. The documentation had that information there.
12
posted on
08/26/2016 8:04:48 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: CodeToad
Microsoft split many times since MS went public. MS would still have been a better buy. You are correct. $666 invested in Microsoft's IPO would be worth $518,092 today. Oh, to have 20/20 foresight. . . or Doc Brown's Delorean DMC-12.
13
posted on
08/26/2016 8:14:13 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: Swordmaker
I did. Made a small mint on it. It split 7 times in just a few short years.
14
posted on
08/26/2016 8:20:21 PM PDT
by
CodeToad
(Islam should be banned and treated as a criminal enterprise!)
To: Revel
And that thing is useless without some supporting hardware. It is nothing more than a mother board with a connector on the side. There is not even a place to plug in the little circuit board shown on the side...What ever that is. No keyboard. Just a power transformer. Where is the output for a monitor? Here's a working version with everything hooked up.
15
posted on
08/26/2016 8:22:03 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: Swordmaker
Just for giggles, what do you think may happen with Apple stock and what components of the business do you think will drive that result?
For Microsoft, I see no decisions to the better and a continued slide in oblivion as Visual Studio gets worse and does not provide incentive to use it, therefore no incentive to use Windows or Office products.
16
posted on
08/26/2016 8:22:08 PM PDT
by
CodeToad
(Islam should be banned and treated as a criminal enterprise!)
To: CodeToad
I did. Made a small mint on it. It split 7 times in just a few short years. Glad for you, Code. I have a friend who was born in the internment camps during WWII. She put every cent of the $25,000 she got from the compensation into Microsoft back then. Never sold a share. . . it's now worth almost $20 million.
17
posted on
08/26/2016 8:26:55 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: CodeToad
Yep. Buying $666 worth of MSFT in March 1986, you’d have about $370,000 today. About double what AAPL has done.
18
posted on
08/26/2016 8:47:12 PM PDT
by
Shanghai Dan
(I ride a GS scooter with my hair cut neat...)
To: CodeToad
Just for giggles, what do you think may happen with Apple stock and what components of the business do you think will drive that result? Apple will sell a lot more iPhone7s this year than the pundits think they will because they are not just a little incremental upgrade. A survey taken yesterday showed that 29% of iPhone owners are planning to upgrade THIS year. If that is the case, then that works out to over 220 million on just upgraders alone.
I think the new Apple Watch 2 will take off. The 15 million sales so far of the last model may turn into double that this coming year with the Apple Watch 2. New designs in the MacBook Pro with interactive touch screen Function Key strips are coming soon. Lots of people are waiting for that.
Apple Services hit $20 billion in revenue in 2015. That by itself would make it number 140 on the Fortune 500 if it were a stand alone business. At the growth rate Apple is making in Services, it may make the 113th on the list by the end of the year.
Next year in 2017, with the tenth anniversary of the iPhone and a complete redesign, we could see a huge resurgence in interest which is pent up.
19
posted on
08/26/2016 9:09:05 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: Swordmaker
There are still a number of Apple-1's out there in circulation, if I were to guess anywhere from 50 to 60. However, most are non-op. I think what gets the big money at auction are Apple-1 units that still function with the original components, and documentation to go with it.
Many units are cobbled together with modern alternative components which greatly reduce their resale value. Then there are people trying to pass off counterfeit or clone units. Let the buyer beware; you have to do your homework to know you're getting your money's worth for a vintage piece. I have a couple clone Apple-1s, and they are very close to an original unit although they are worthless in comparison. Just the white CPU chip can fetch big bucks (I guess over a thousand, just guessing) because they are rare.
20
posted on
08/26/2016 9:25:08 PM PDT
by
roadcat
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