The Impact of Steve Ballmer's Criticism on Apple's Stock Value.

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Source: Benzinga
The Impact of Steve Ballmer's Criticism on Apple's Stock Value.
Photo: Benzinga
TL;DR Summary

In 2007, Steve Ballmer, then CEO of Microsoft, criticized the iPhone's $500 price tag and lack of a keyboard. However, an investor who bought $1,000 worth of Apple stock on the day of Ballmer's interview would have made a return of 4,9515.7% over the last 16 years, while a $1,000 investment in Microsoft stock would have gained 809%. Both stocks have significantly outpaced the S&P 500.

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