From Nasdaq, Inc.:

On this day 28 years ago, Steve Jobs returned to Apple, the tech company he founded, after his previous departure. During his 11-year absence, Jobs founded NeXT and Pixar, but was brought back to Apple after the company acquired NeXT. Apple’s stock increased 134,227% from Feb. 4, 1997, to today, making it a lucrative investment for early investors.

Under Steve Jobs’ guidance, Apple launched several iconic products, including the iPhone, which revolutionized the smartphone industry. Jobs’ visionary leadership and laser-focused execution were key factors in Apple’s success during his tenure. His vision and approach continue to inspire leaders and innovators years after his passing.

Apple’s most ambitious launch since Jobs’ passing is the Apple Vision Pro, a mixed reality headset with a price tag of $3,500. CEO Tim Cook has expressed enthusiasm about the technology, stating that the Vision Pro’s content is “mind-blowing.” Industry analysts have high expectations for the product, with some predicting 600,000 unit sales by the end of 2024.

The Apple Vision Pro has made an “impressive” start, with early sales estimated between 160,000 and 180,000 units. Analysts are optimistic about its potential success, but its full market performance remains to be seen by the end of the year.



Read more: If You Invested $1000 In Apple When Steve Jobs Returned To Apple 28 Years Ago, Here’s How Much You’d Have