Why is Apple's ticker AAPL?

Discussion in 'Apple, Inc and Tech Industry' started by DTphonehome, Dec 7, 2006.

  1. Unspeaked macrumors 68020

    Unspeaked

    Joined:
    Dec 29, 2003
    Location:
    West Coast
    #26
    Yes, take a look at any business magazine or financial site mentioning Apple, and it's always iPod related.

    At best, they might mention the "halo-effect" or some rumored new gadget like the iPhone, but it's always half-hearted mentions.

    Apple could announce next quarter that their computer hardware sales quadrupled while their iPod sales fell 10% and the stock would plummet.

    Hopefully, Apple can outgrow this by contuninung to post solid numbers, but it's going to take a long time for them to get out of the iPods long shadow in the business world.
     
  2. ftaok macrumors 603

    ftaok

    Joined:
    Jan 23, 2002
    Location:
    East Coast
    #27
    It depends on what stock table that you're looking at. I know the ones found in USA Today are sorted by Company Name, but the ones that used to show up in the Philly Inquirer (at least back in the 80's) didn't list the company name and just had tickers. In that case, AAPL would be listed ahead of APLE or APPL.

    But then again, it could just be legend and not based entirely on facts.

    ft
     
  3. Unspeaked macrumors 68020

    Unspeaked

    Joined:
    Dec 29, 2003
    Location:
    West Coast
    #28
    Then there's the fact that where a company is listed on the exchange has zero impact on the stock itself.

    I mean, this isn't the phone book where people will phone to exterminators in alphabetical order until they find a price they like... investment bankers don't just toss around millions of dollars because one tech company's ticker is higher than another's...

    (At least, they shouldn't!)
     
  4. IJ Reilly macrumors P6

    IJ Reilly

    Joined:
    Jul 16, 2002
    Location:
    Palookaville
    #29
    Quite right. If Steve & Steve were so interested in alphabetical advantages, they'd have named the company Aardvark Computer. I think we should be so grateful that they weren't. I mean, who'd want to buy computers named for various types of ants?
     
  5. leahtsang macrumors newbie

    Joined:
    Feb 19, 2010
    #30
    I would say APPL was take so the next best choice would be AAPL as "An Apple" instead of APLE, APLL and APEE those are ugly names.
     
  6. rdowns macrumors Penryn

    rdowns

    Joined:
    Jul 11, 2003
    #31

    Thank you for your input. After 3 years, this thread now has closure. :rolleyes:
     
  7. okmikey123 macrumors newbie

    okmikey123

    Joined:
    Aug 6, 2017
    Location:
    toronto
    #32
    yeah it is
     
  8. obeygiant macrumors 68040

    obeygiant

    Joined:
    Jan 14, 2002
    Location:
    totally cool
    #33
    haha yeah it was! In 2006 when that post was made there was no iPhone yet and the stock price was around $12 per share.
     
  9. chabig macrumors 603

    Joined:
    Sep 6, 2002
    #34
    An old thread, but now the company's name is just "Apple, Inc."
     
  10. okmikey123 macrumors newbie

    okmikey123

    Joined:
    Aug 6, 2017
    Location:
    toronto
    #35
    I made this account just to say yeah as a joke but wow, that's before the stock split. I was only 10 years old back then, but kudos to any of you that bought it
     
  11. obeygiant macrumors 68040

    obeygiant

    Joined:
    Jan 14, 2002
    Location:
    totally cool
    #36
    Well hey get 100 posts under your belt and then you can post in the PRSI forum where the real fun begins. :)
     
  12. BoulderAdonis macrumors regular

    BoulderAdonis

    Joined:
    Apr 30, 2012
    Location:
    Palo Alto, CA
    #37
    Well, *that* comment hasn’t weathered well ... :D:D:D
     
  13. nouveau_redneck macrumors 6502a

    nouveau_redneck

    Joined:
    Sep 16, 2017
    #38
    Apple foresaw the butterfly keyboard and wanted to get ahead of the game with the repeating A in AAPL.
     
  14. deasys macrumors newbie

    Joined:
    May 6, 2014
    #39
    Actually, it has!

    Wall Street has just substituted the iPhone for the iPod and is thus making the same stupid error in evaluating Apple. Quite pitiful really…
     
  15. threesixty360 macrumors 6502

    Joined:
    May 2, 2007
    #40
    if it was anything to do with Jobs he probably wanted to guarantee it was the first stock on the list in alphabetical order.
     
  16. chucker23n1 macrumors 68020

    chucker23n1

    Joined:
    Dec 7, 2014
  17. AidenShaw macrumors P6

    AidenShaw

    Joined:
    Feb 8, 2003
    Location:
    The Peninsula
    #42
    Amusing comment, but a failure.

    aapl2.jpg
     
  18. threesixty360 macrumors 6502

    Joined:
    May 2, 2007
    #43
    well its in the top 10... not sure where APPL would be.
    Not even sure how many of those tickers were there when Apple IPO'd either..
     
  19. willmonwah macrumors newbie

    willmonwah

    Joined:
    May 31, 2019
    Location:
    New Jersey
    #44
    FT, did you mean Infinite Loop by Michael S Malone? I had 10 minutes to take a peak inside the book at the library today and it attributes the ticker to Apple's then PR chief Fred Hoar. It's a tantalizing detail but doesn't go into detail around the thought process.

    APPL (Appell Petroleum, now delisted) would have been taken but APLE (Apple Hospitality REIT, Inc., listed in 2015) would have been available.
     

Share This Page