No More Bite of the Apple Stock

By Rick Roman - 10 Dec 2010 1122 0 comment

Well, it’s official – Apple Inc. no longer issues paper stock certificates. In a surprise move – and with no notice, the company decided to go 100% electronic.

“I guess this shouldn’t be a big surprise because they are a tech company after all”, says Leslie Roman, one of GiveAshare’s founders. The disappointing part was that it came without any notice. If we had known it was coming, we would have let our customers know to get one share while they still could and we would have stocked up (no pun intended) on shares for our own historical stock certificate collection.

As we have pointed out before, the whole industry is moving toward electronic registration. At some point, all company’s will do this. “It turns out that with the eventual demise of paper stock certificates, and the fact that as of 1/1/09 stock brokers can’t deliver them for most stocks, we are in a sweet spot”, says Leslie. This has prompted our sales to go up, more than offsetting the effects of the bad economy.

You can still buy Apple stock and we will register your ownership and frame up a replica of their old stock certificate.

Tags:apple stock apple stock certificate

Rick Roman

Rick has a B.S. in Finance from Arizona State University, 50 years of stock market experience, a long career in high-tech corporate finance, co-founder of GiveAshare.com, and author of the award-winning book, I'm A Shareholder available on Amazon and GiveAshare.com. Rick has been quoted as a stock gift and kids financial literacy expert in many publications including CNN Money, USA Today, CBS MarketWatch and has participated in financial literacy organizations like the Council for Economic Education and the JumpStart Coalition.