Which computer company went public in 1980?

Which computer company went public in 1980? Apple.

Apple was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Its Apple II computer, introduced in 1977, became an important early personal computer and gained an especially valuable business audience after the spreadsheet program VisiCalc appeared in 1979.

On December 12, 1980, Apple Computer went public on Nasdaq. The company sold 4.6 million shares at $22 each and raised more than $100 million. The stock rose to $29 by the end of its first trading day, giving Apple a market capitalization of about $1.78 billion and creating roughly 300 millionaires, including Jobs and Wozniak.

The question can cause confusion because IBM and Microsoft were also major computer-industry companies, but neither had its IPO in 1980. Apple’s public debut also came before the Macintosh: that landmark computer did not go on sale until January 1984. Apple later changed its corporate name from Apple Computer, Inc. to Apple Inc. in 2007.