{"id":4592,"date":"2007-09-14T06:09:40","date_gmt":"2007-09-14T06:09:40","guid":{"rendered":"http:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/09\/how-microsoft-lost-18-billion\/"},"modified":"2007-09-14T06:09:40","modified_gmt":"2007-09-14T06:09:40","slug":"how-microsoft-lost-18-billion","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/09\/how-microsoft-lost-18-billion\/","title":{"rendered":"How Microsoft lost $18 billion!"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><head><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><\/head><body><p>There are times when an organization or person just cannot get it wrong!  And then there are times when the same person just cannot get it right!  Microsoft and Bill Gates is one such example!  Until the 1990\u2019s whatever Gates and MSFT touched became gold!  What happened afterwards is quite another matter!<\/p>\n<p>In <em><span style=\"color:Navy\">August 1999<\/span><\/em>, Microsoft bought<strong> $150 million <\/strong>worth of Apple stock when the price was <strong><em>$5.43<\/em><\/strong> a share.  Now the price is <strong><em>$122.06<\/em><\/strong>.  So, if they had held, the potential gain would have been? <strong>$18.1 billion<\/strong>!  That is quite an amount even for the world\u2019s richest guy!<\/p>\n<p>But guess what?  Microsoft sold the stock in<span style=\"color:Navy\"><em> 2001<\/em><\/span> at a princely gain of <em><strong>7%<\/strong><\/em> or <strong><em>$10 million<\/em><\/strong>!  I am sure this amount was invested back into Microsoft stock which has stood still all these years!<\/p>\n<p>Sources: <a href=\"http:\/\/barnako.typepad.com\/barnakocom\/2007\/08\/did-microsoft-m.html\" class=\" decorated-link\" target=\"_blank\" rel=\"nofollow\">Barnako<\/a> . <a href=\"http:\/\/microsoft.blognewschannel.com\/archives\/2007\/08\/22\/how-much-did-microsoft-lose-by-selling-apple-stock\/\" class=\" decorated-link\" target=\"_blank\" rel=\"nofollow\">Insidemicrosoft<\/a><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>There are times when an organization or person just cannot get it wrong!  And then there are times when the same person just cannot get it right!  Microsoft and Bill Gates is one such example!  Until the 1990&#8217;s whatever Gates and MSFT touched became gold!  What happened afterwards is quite another matter!<\/p>\n<p>In <em><span style=\"color:Navy\">August 1999<\/span><\/em>, Microsoft bought<strong> $150 million <\/strong>worth of Apple stock when the price was <strong><em>$5.43<\/em><\/strong> a share.  Now the price is <strong><em>$122.06<\/em><\/strong>.  So, if they had held, the potential gain would have been? <strong>$18.1 billion<\/strong>!  That is quite an amount even for the world&#8217;s richest guy!<\/p>\n","protected":false},"author":1517,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-4592","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Microsoft lost $18 billion!<\/title>\n<meta name=\"description\" content=\"There are times when an organization or person just cannot get it wrong! And then there are times when the same person just cannot get it right! Microsoft and Bill Gates is one such example! Until the 1990&#039;s whatever Gates and MSFT touched became gold! What happened afterwards is quite another matter! In August 1999, Microsoft bought $150 million worth of Apple stock when the price was $5.43 a share. Now the price is $122.06. So, if they had held, the potential gain would have been? $18.1 billion! That is quite an amount even for the world&#039;s richest guy!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/09\/how-microsoft-lost-18-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Microsoft lost $18 billion!\" \/>\n<meta property=\"og:description\" content=\"There are times when an organization or person just cannot get it wrong! And then there are times when the same person just cannot get it right! Microsoft and Bill Gates is one such example! Until the 1990&#039;s whatever Gates and MSFT touched became gold! What happened afterwards is quite another matter! In August 1999, Microsoft bought $150 million worth of Apple stock when the price was $5.43 a share. Now the price is $122.06. So, if they had held, the potential gain would have been? $18.1 billion! That is quite an amount even for the world&#039;s richest guy!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/09\/how-microsoft-lost-18-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"Drishtikone\" \/>\n<meta property=\"article:published_time\" content=\"2007-09-14T06:09:40+00:00\" \/>\n<meta name=\"author\" content=\"Desh Kapoor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Desh Kapoor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/09\/how-microsoft-lost-18-billion\/\",\"url\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/09\/how-microsoft-lost-18-billion\/\",\"name\":\"How Microsoft lost $18 billion!\",\"isPartOf\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#website\"},\"datePublished\":\"2007-09-14T06:09:40+00:00\",\"dateModified\":\"2007-09-14T06:09:40+00:00\",\"author\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/e24bcebf9da3425dd595b71543245311\"},\"description\":\"There are times when an organization or person just cannot get it wrong! And then there are times when the same person just cannot get it right! Microsoft and Bill Gates is one such example! Until the 1990's whatever Gates and MSFT touched became gold! What happened afterwards is quite another matter! In August 1999, Microsoft bought $150 million worth of Apple stock when the price was $5.43 a share. Now the price is $122.06. So, if they had held, the potential gain would have been? $18.1 billion! 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