Obama Predicted the iPhone’s Success Before It Even Happened

obama-predicted-iphones-success

President Barack Obama got a pre-release peek of Apple’s original iPhone back when he was still a first-term Senator from Illinois—and he predicted that it would be a hit.

That’s the tale being told by David Axelrod in his upcoming autobiography Believer: My 40 Years in Politics, at any rate. Former Obama political advisor Axelrod’s book hasn’t been released yet, but excerpts seen by the New York Daily News detailed a private meeting in 2007 between Obama and the late Apple CEO Steve Jobs.

“In 2007, Obama got a sneak peek at the iPhone during a private meeting with Apple’s Steve Jobs. ‘If it were legal, I would buy a boatload of Apple stock. This thing is going to be really big,’ Obama said after the meeting,” according to the excerpt.

Could Obama, famously devoted to his BlackBerry back in the years the Jobs meeting took place, have really been so bullish on the iPhone? If the president had invested in Apple back then, he certainly would have made out well. Per The Washington Post, a $400,000 investment in early 2007 would be worth $3.6 million now.

Click here to read more.

SOURCE: PC Mag, Damon Poeter

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s