Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON December 10, 1987
Full News Archive
- Headline: Citicorp Leader Joins Household International. Impact: When Edwin P. Hoffman took the helm at Household International, it inadvertently sparked a chain reaction that led to the rise of corporate soap operas, with boardroom dramas rivaling daytime TV. Next thing you know, we had 'As the Business Turns'.. Fact: Fun fact: Edwin's previous job at Citicorp had a 100% chance of being a corporate thriller. Spoiler alert: Everyone still lost their money!.
- Headline: Stephen M. Wolf Joins Allegis Corporation. Impact: Stephen M. Wolf's rise at Allegis Corporation sent shockwaves through the airline industry, inspiring a trend of CEOs being compared to superheroes, which only led to more capes and less profit. Who knew flying a plane could be so fashionable?. Fact: Did you know that turning around a company is mostly about turning the coffee machine on? That's where the real magic happens, folks!.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1987, it would be worth $1,945,817 today (1945.8x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1987, it would be worth $4,778,667 today (4778.7x return)
INTC
Intel
Intel - If you invested $1,000 in 1987, it would be worth $146,978 today (147.0x return)