5 fun facts about well-known stocks - Part 1
1. apple ($AAPL (+1.34%)
) - From almost bankrupt to global corporation
Fun fact: Apple was as good as broke in the early 90s. In 1997, the company had massive losses and was struggling to survive. Microsoftits rival at the time, even helped Apple with an investment to save the company! Today Apple is worth over 2.7 trillion USD one of the most valuable companies in the world. You could say the rescue came from a rather unexpected place.
2. tesla ($TSLA (-4.58%)
) - Elon Musk and his "humble" beginning
Funfact: In 2018 Elon Muskthe CEO of Tesla, still no Tesla! Instead, he drove an old Ford Model T from the 1930s. The reason? Musk wanted to preserve the "old-school charm" and modesty - ironic that he is now celebrated as the CEO of one of the largest electric car manufacturers in the world.
3. amazon ($AMZN (+0.26%)
) - The first Prime members were... Amazon employees!
Funfact: Amazon Prime, now one of the most successful subscription models in the world, was first created by Amazon employees tested. The program was launched in 2005, and the very first Prime members were simply the company's own employees. Today, over 200 million people worldwide have an Amazon Prime subscription.
4. coca-cola ($KO (-0.4%)
) - The experiment with chocolate
Fun fact: Coca-Cola wanted to launch a chocolate product on the market in the 1980s. The "Coca-Cola Chocolate" project was supposed to take the beverage brand in a completely new direction. However, the plan flopped and the chocolate drink was quickly withdrawn from the market. Nevertheless, Coca-Cola remains the undisputed number one cola drink - without any chocolate!
5. nintendo ($7974 (-2.81%)
) - A playing card company
Fun fact: Before Nintendo became one of the biggest video game giants in the world, it produced playing cards cards. Founded in 1889, Nintendo began as a manufacturer of traditional Japanese playing cards. It was not until the 1970s that the company entered the video game industry and launched Super Mario and Pokémon legendary franchises.