Skip to main content

Posts

Showing posts with the label united states apple

Bill Gates Secretly Purchases Apple Shares

JAKARTA – Microsoft founder Bill Gates surprisingly bought a stake in technology giant Cupertino, United States (US) Apple a few months ago. This purchase is claimed to save Apple from early bankruptcy. Reported the Smarter Analyst site quoted from Macworld , Friday, May 29, the purchase of 501,044 shares was made through the Bill and Melinda Gates Foundation several months ago and there was no media spotlight. This has resulted in Apple’s stock increasing by about 25 percent since then, after slumping earlier in the year. Long before this stock purchase, Bill Gates actually bought $ 150 million in Apple stock in August 1997, a purchase that probably saved the Cupertino company from bankruptcy. Later, Microsoft sold its shares in 2003 for a profit, but some felt the company should have lasted a little longer, given that the iPhone was first launched in 2007 and Apple’s stock immediately became the highest ranking in the world. Also read: Bill Gates Prediction: The COVI...