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  • 04.01.16

Apple’s sales grew 150x between 1977-1980

Today, Apple is a 40-year-old company—exactly—with $234 billion in yearly revenue, and for all its history-making success, people are a bit worried about whether it can find a way to keep growing. Back in 1980, however, it was a hot startup that was going public. And the company’s IPO prospectus reported that its sales grew from $774,000 in 1977 to $118 million in 1980—a pace which would inspire envy in any 21st-century unicorn.

The whole prospectus is available as a PDF download, and along with all the numbers, it contains some entertaining nuggets. (Why it refers to the humble Apple II as a “mainframe,” I do not know.)HM