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You are here : World News – Russian opinion» WORLD» Asian Shares Rise; Apple's Jobs Has Mixed Impact On Techs

Asian Shares Rise; Apple's Jobs Has Mixed Impact On Techs

Posted By . Under WORLD  Tags: apl, appl, apple, apple stock, steve jobs  

When Jobs returned in 1997, Apple had run up $1.86 billion in losses over two years. It was 90 days away from bankruptcy, Jobs would later say. Apple stock surged 9020 percent since July 29, 1997, the day before the San Francisco Chronicle broke news

Some recent and historical data points for Apple Inc. stock, before markets react Thursday to founder Steve Jobs' decision to step down as CEO: — The shares closed the regular session at $376.18 on Wednesday, up $2.58,

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It also provided some support to Apple-reliant shares in Tokyo, although there was a sell-off in the rest of the region. Softbank, Japan's only Apple distributor, rose 0.7% and parts-suppliers Sharp and Ibiden added 1.9% and 1.7%, respectively.

Apple's stock is tumbling in after-hours trading on news that Steve Jobs is resigning as head of the company. After closing at $376.18, Apple stock has fallen 5 percent to $357.02 as of 7:59ET, according to NASDAQ.

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