Posted on 08/26/2016 6:24:32 PM PDT by Swordmaker
Earlier this summer, we reported on a “Celebration Edition” Apple I that would be going up for auction. Initial estimates pegged a value of over $1 million for the computer, but the auction today came to a close with a final selling price of $815,000. 10 percent of the proceeds from the Charitybuzz auction will benefit the Leukemia and Lymphoma Society.
Near the end of the auction, the Apple I reached a peak of $1.2 million, but the final bid was apparently cancelled at the very last second, giving the device a final sale price of $815,000 with 39 bids.
The “Celebration” Apple I model was unique in that it featured a blank “green” PCB board, suggesting that it was not part of the two known production runs of the Apple I. This means that it was potentially built before the production runs, perhaps part of a pre-production test. Apple co-founder Steve Wozniak confirmed himself that Apple never sold an Apple I with a blank PCB board, while historian Corey Cohen called this Apple I one of the “most unique” units he’d ever seen. This particular Apple I is believed to have been manufactured sometime during the summer of 1976.
Apple-related auctions have long garnered huge amounts on Charitybuzz. Earlier this year, an auction for lunch with Tim Cook raised $515,000. Previously, Cook auctions have pulled in $200,000 in 2015, $330,001 in 2014, and $610,000 in 2013. Other Apple executives have also offered up lunch meetings, including Eddy Cue, Apple Music exec Bozoma Saint John, and Beats Music’s Ian Rogers. Apple also offered up a campus tour last year.
10 percent of the auction price from the Apple I listing will benefit The Leukemia & Lymphoma Society to help support LLS research, patient services, advocacy, public and professional education, and community services. More information about the Apple I that brought in $815,000 can be seen in the video below:
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Or buy one in the ‘80s for $10.
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?
That would be the Garage Sale find of a lifetime!!
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.
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?
Microsoft split many times since MS went public. MS would still have been a better buy.
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?
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.
My answer didn’t account for the extra 27¢ . . . what a difference. LOL!
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.
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.
Here's a working version with everything hooked up.
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.
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.
Yep. Buying $666 worth of MSFT in March 1986, you’d have about $370,000 today. About double what AAPL has done.
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.
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.
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