Chapter 1003 More than doubled


Sioux City, Jobs and other core members sat in the box, paying close attention to every subtle fluctuation in the stock market, and a dedicated person reported the latest market developments in real time.

The 4.6 million new shares launched by Apple at an issue price of US$22 per share were quickly sold out in just five minutes.

Subsequently, many of these investors who were lucky enough to seize the opportunity chose to invest these new shares in the stock market again, expecting higher returns.

As soon as the stock market trading was liberalized, Apple's stock price was like a wild horse, unstoppable.

Starting from the initial price of 22.5 US dollars, then 22.8 US dollars, 30.4 US dollars, until it climbed to 31.2 US dollars, every beat touched the heartstrings of countless people.

The market's enthusiasm was completely ignited, and investors had high expectations for Apple's prospects.

In the blink of an eye, by the noon break, Apple’s stock price had firmly reached a high of $28.7.

This means that in just two and a half hours, Apple's market value has made an astonishing leap, soaring from a market value of US$1.292 billion to US$1.685 billion.

This achievement directly demonstrates the market's high recognition of Apple.

At noon, Su Cheng shared a sumptuous lunch with Jobs and other Apple executives. After celebrating this important moment, he said goodbye to everyone and left.

For him, as an efficient and pragmatic leader, he knows that there is no need to stay in the exchange too much, and his time should be spent in more valuable places.

Therefore, in the afternoon, he turned to the Su Group's branch in New York for an on-site inspection to further understand the group's global business layout.

As for the final results of Apple's listing, he knew that a detailed report would be delivered to his desk in the afternoon, without the need to be there in person.

Apple's stock market performance is extremely active, and Sioux City is well aware of this.

He believed that even if he just randomly asked any participant on the exchange, he could quickly learn the latest developments in Apple stock. Therefore, he chose a more efficient way to obtain information instead of Sit in person on the exchange.

Likewise, Jobs and other Apple executives left after lunch, full of plans for the future.

After successfully raising the required funds through the stock market, they realized that short-term fluctuations in stock prices were no longer the primary concern, but more importantly, how to use the funds to promote the company's long-term development.

Therefore, they choose to return to work in time and devote their energy to the company's daily operations and strategic planning.

Although this month's listing road show has not stopped Apple's development, it also indicates that some established strategic layouts need to be put back on track and implemented.

In the morning, Apple's stock was like a wild horse, soaring wildly in the stock market, quickly becoming the focus of attention, and investors were discussing its extraordinary performance.

However, the market's enthusiasm does not stop there.

In the afternoon, as Sioux City's identity as Apple's major shareholder spread in the stock market, the news seemed to add wings to the rise in Apple's stock price.

Fueled by some investors, Apple’s stock price is unstoppable and continues to soar.

The stock price started from the morning's closing price of US$31.2, US$32.6, and climbed all the way to US$35.9, US$38.3... Every minute and every second witnessed the leap in the value of Apple. When the bell of the Nasdaq exchange rang melodiously, marking the official end of the day's trading, Apple's closing price was fixed at an eye-popping $47.9 per share.

This means that on the first day of listing alone, Apple's market value achieved astonishing growth, more than doubling the issue price!

The excitement in the stock market has also become a hot topic for the media.

They began to edit various eye-catching topics one after another, hoping to get a share of this hot discussion.

"Mr. Su, the stock market has just ended. Our Apple stock price closed at an astonishing US$47.9 per share, which means that our company's market value has jumped directly to a new height of more than US$2.8 billion!" Jobs' The voice came through the phone line, unable to conceal the excitement and joy in his heart.

Even though they are already engaged in busy work, he and Apple's senior executives are still paying attention to every fluctuation in the stock market.

Jobs, the young leader, was filled with excitement and pride when faced with Apple's brilliant growth.

He knows that this is not only a reflection of the company's strength, but also the best reward for the team's efforts and innovation.

New York, an international metropolis, has achieved full coverage of mobile signals as early as the beginning of the year, providing a strong guarantee for convenient communications for business people such as Suzhou City.

After arriving in New York, Sioux City was quickly equipped with advanced mobile phones to keep in touch with all parties at any time and ensure the smooth flow of information.

Therefore, as long as Su Cheng is in any corner of New York City, Jobs can easily contact him via mobile phone, ensuring instant and efficient information exchange.

"This is indeed exciting news. Mr. Jobs, congratulations. You are now worth more than 500 million US dollars. It is really enviable." Su Cheng said with a bit of ridicule on the other end of the phone.

However, what both parties tacitly understand is that despite the dazzling market value, until the major shareholders actually cash out their stocks, all these are just numbers on paper, with a certain degree of uncertainty.

The surge in Apple's stock price is undoubtedly the result of the dual effects of the company's own strength and Sioux City's influence.

But what cannot be ignored is that the number of shares circulating in the market is limited, which is also one of the important factors driving the rise in stock prices.

As people often say, "There are many monks but few porridge", the value of limited resources naturally increases when faced with huge demand.

Indeed, there are only 4.6 million shares circulating in the market. In addition, Apple is a company with broad prospects and unlimited potential. This supply and demand relationship will naturally push the stock price to high levels.

Jobs is undoubtedly very excited at this moment. At only 25 years old, he has already entered the ranks of billionaires and is worth more than 500 million U.S. dollars. How can such an achievement not make people's hearts beat? !

Even if this value is false, so what?

One day, he firmly believes that as long as Apple gets better and better, his worth will also increase!

Looking back, Jobs was deeply satisfied with his decision to give up 30% of the company's shares to Sioux City.

This decision not only demonstrated his foresight, but also laid a solid foundation for Apple's subsequent rapid development.

Just imagine, without that generous share sale, Apple might be in a different situation today, and it would be difficult to achieve such brilliant achievements.

Therefore, Jobs understood that every important decision could be the key to changing his destiny, and he and other shareholders undoubtedly made the right choice. (End of this chapter)

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