AOL Money & Finance

California Hall of Fame posts

Feed

Money Winners of 2007: Steve Jobs continues to innovate and impress

Apple head Steve Jobs Look no further for the biggest Money Winner of the year ... why, it's Apple's (NASDAQ: AAPL) Steve Jobs of course, recently named the number-one most powerful businessperson by Fortune magazine. Take that, Mr. Gates!

In 2007, the man with the scruffy facial hair and the omnipresent black turtleneck celebrated the 30th year of Apple, which was incorporated in 1977, and his tenth year since returning to the firm after a hiatus of nearly ten years. It was a banner year for multiple reasons including, but not limited to:

  • The changing of the corporate name from "Apple Computer" to "Apple Inc.," a better reflection on the company's broad-based business.
  • The launch of Apple TV, which can play video content downloaded from a computer onto a television. AAPL is expected to be able to unload between 1 million and 1.5 million devices during its first year of release. The 40 GB version currently retails at $299; the 160 GB is $399.
  • The wildly successful unveiling of the iPhone, which saw surging demand despite an initial price tag of nearly $600. Time magazine named the device the "Invention of the Year" and sales topped even the most aggressive estimates.
  • The debut of Leopard, a new operating system for Mac.

Continue reading Money Winners of 2007: Steve Jobs continues to innovate and impress

Symbol Lookup
IndexesChangePrice
DJIA+44.2910,291.26
NASDAQ+15.822,166.90
S&P 500+5.501,098.51

Last updated: November 12, 2009: 04:05 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance