Apple's stock price at its 1980 initial public offering was $22 per share. Apple went public on December 12, 1980, listing under the ticker symbol AAPL on the NASDAQ exchange.
The IPO offered approximately 4.6 million shares and generated more than $100 million in capital for the company. At the time, it was the largest public offering since Ford Motor Company's 1956 IPO, a striking result for a young personal-computer manufacturer.
Apple's stock rose sharply during its first day of trading, ending at about $29 per share. The jump helped create hundreds of millionaires among early employees and investors, including co-founders Steve Jobs and Steve Wozniak.
The $22 figure is the original, pre-split IPO price. Apple later carried out multiple stock splits, so modern financial websites often display a much smaller split-adjusted historical price. Another common confusion is using the first-day closing price of $29 instead of the IPO offering price.