Anyone have any idea why "Apple Computer Corp" has the ticker AAPL? There's only one "A" in the name of the company! Wouldn't APPL be better (I know that it's taken)?
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Why is Apple's ticker AAPL?
- Thread starter DTphonehome
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didnt you answer your own question?
No...I think Apple has had APPL longer than the other company had APPL. I'm wondering if there's some historical reason that Apple goes by AAPL.
Steve Jobs made a typo when he sent a memo to the financial advisor.
Kidding, of course
Kidding, of course
If it helps any, all ticker symbols on the NASDAQ, the market where AAPL is listed and traded, are four letters in length. Ticker symbols on the NYSE are one, two, or three letters in length.
Maybe its like companies having names like AAA so they are first on the phone book. AAPL puts apple significantly closer to the top of the list than APPL would.
It just is. The company's name is "Apple Computer Inc." but their symbol is "AAPL". Just accept it. 
I'm shocked that this thread has not generated a more elaborate conspiracy theory.
FWIW there is an APPL but it doesn't appear to be a very online company. Or at least I could not locate any news about what it is, what it does, or what its history is.
So why didn't Apple go for the NASDAQ symbol "JOBS"?
FWIW there is an APPL but it doesn't appear to be a very online company. Or at least I could not locate any news about what it is, what it does, or what its history is.
So why didn't Apple go for the NASDAQ symbol "JOBS"?
I would guess because back in 1980, when they did their IPO, Steve Jobs was not CEO.So why didn't Apple go for the NASDAQ symbol "JOBS"?
A company this good should be expected to have prescience, man, prescience!!!!
(it was just sarcasm anyway)
FYI APPL is some company named Appell Pete Corp. A search on the internet will bring up a few stock quotes, but nothing really interesting. Probably some shady form of company channeling money for laundering so the big man won't have to pay any taxes
Motley Fool has suggested several times in the past that Apple should change their ticker to "IPOD"
I sort of agree.
I sort of agree.
I don't - Apple is much more than just the iPod.
Not on Wall Street it ain't!
Actually their notebook computers at least are quite profitable. And they have a much richer mix of product sales in computers than pretty much any other PC manufacturer (maybe tied with Sony, as Sony also doesn't really sell budget fare?). This isn't particularly true, even though the iPod garners a lot of attention.
I think it's sadly true that the markets still really don't understand anything Apple is doing beyond the iPod. Not so many years ago, AAPL was trading for way under book value -- at a price roughly equivalent to the value of their cash on hand, which valued everything else the company owned, and their business selling Macs, as absolutely worthless. As odd as this was, you'd still have had a hell of a time finding any broker who'd recommend buying even a single share. I don't think the situation has changed appreciably today.
At least according to a book that I read (Infinte Loop), the reason that Apple chose AAPL was to have it listed higher on the NASDAQ alphabetically. It was a Steve Jobs decision.
How much of it was true and how much is lore is debateable. Kinda like how when Woz was named employee #1, Jobs demanded to be employee #0.
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This story doesn't sound very plausible, if only because stock tables are not sorted by ticker symbols but by the company's name. As was pointed out, APPL was already taken. This didn't leave many options, except perhaps APLE. Not sure if that one isn't also already in use.