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If You Invested $1000 In Apple Stock When Steve Ballmer Criticized The $500 IPhone, Here's How Much You'd Have Now

Benzinga ·  Apr 23, 2023 17:01

The iPhone made its public debut in 2007, whenApple Inc(NASDAQ:AAPL) co-founderSteve Jobspresented the revolutionary device to the world. Before it became a huge success for Apple and one of the top-selling phones worldwide, many — including one big rival — were skeptical about how well the iPhone would sell.

What Happened:The iPhone made its debut during Jobs' MacWorld keynote address on Jan. 9, 2007. The phone would go on sale later that year and become one of the biggest revenue drivers for Apple and a huge part of the company's later success.

During the keynote, Jobs...

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