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Season 4, Episode 2: ARM & SoftBank
Acquired
The Arm Ipo
Apple launched the arm ipo on April seventeenth, 19 98. They priced the ipo at five pounds and 75 pence per share which translates to a market cap of 264 million pounds. Apple made 792 million dollars in profit from selling their arm stock over the next couple of years. Had it not happened, very likely apple would have gone bankrupt.
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