Opens profile photo
Follow
Jon Erlichman
@JonErlichman
Tech, stocks & business history. Anchor, Bloomberg Markets. 💎

Jon Erlichman’s Tweets

Tesla vehicles sold each year: 2023: 2,000,000 (Musk estimate) 2022: 1,313,851 2021:    936,222 2020:  499,550 2019:   367,500 2018:   245,240 2017:    103,097 2016:     76,295 2015:     50,580 2014:     31,655 2013:     22,477 2012:      2,650 2011:          0
11
207
Tesla’s revenue every hour: 2022: $9,299,315 2021: $6,144,178 2020: $3,600,000 2019: $2,805,708 2018: $2,449,886 2017: $1,342,352 2016: $799,087 2015: $435,149 2014: $365,068 2013: $229,909 2012: $47,146 2011:  $23,288 2010: $13,356 2009: $12,785 2008: $1,712 2007: $8
9
263
1984: Michael Jordan wears Air Jordans for the first time. Nike had hoped for $3 million in Jordan sales over 4 years. Today, Nike generates about $3 million in Jordan sales every 5 hours.
Image
2
86
Show this thread
1980: Nike goes public. The IPO pitch goes well, although Nike finds itself competing for investor attention with another business… …that same month, a computer company called Apple goes public.
Image
1
33
Show this thread
Nike was founded this day in 1964. After initially selling product out of the trunk of his car… …Phil Knight would go on to build the world’s biggest footwear company. Here are 8 Nike milestones…🧵
Image
7
659
Show this thread
Bob Iger succeeded Michael Eisner. He felt Disney Animation needed a boost. Buying Pixar and its talented team would do that, even though it’d be expensive. Iger won over both Disney’s board and Steve Jobs. And everything was in place, until Jobs confided in Iger…
Image
4
47
Show this thread
Basically, Pixar made the movies. Disney handled distribution and marketing. But as time passed, they squabbled over profit splits. And by 2004, Jobs had had enough. He said Pixar would be moving on… …until a CEO switch at Disney changed everything.
Image
1
42
Show this thread
First, some context on Pixar. It was a computer graphics unit of Lucasfilm. George Lucas wanted to sell it. Steve Jobs had been pushed out at Apple a year earlier. When he learned Pixar was for sale, he decided to buy it for $5 million.
Image
1
59
Show this thread
Disney acquired Pixar for $7.4 billion on this day in 2006. There were several reasons why the deal nearly didn’t happen… …even in the final minutes before it was announced. Here’s the full story… 🧵
Image
5
707
Show this thread
But, there were problems. One in particular: the cost. In today’s prices, it’d be $7,000. That price tag hurt sales. It led to tensions between Jobs and his hand picked CEO, John Sculley. Amazingly…a year after Mac’s launch, Jobs was forced out of the company.
Image
2
31
Show this thread
Apple’s Jef Raskin dreamed of a PC that was truly designed for people. He had long felt computers should have graphical interfaces, rather than text based ones. He named the Macintosh after his favourite Apple… ..which is spelt MacIntosh. But that name was already in use.
Image
1
14
Show this thread
The OpenAI deal is easily the largest investment Microsoft has made. In 1999, it invested $5 billion in AT&T. In 1997, it invested $1 billion in Comcast. And in 2007, there was the notable investment in Facebook…Microsoft acquired a 1.6% stake for $240 million.
Image
2
61
Show this thread
Microsoft was one of the leading AI acquirers between 2010-2021: Apple:        29 acquisitions Google:      15 acquisitions Facebook: 13 acquisitions Microsoft:  12 acquisitions Amazon:      8 acquisitions Total:          77 acquisitions Sources: Bloomberg, CB Insights
2
70
Show this thread
Microsoft’s biggest acquisitions Activision Blizzard: $68.7 billion* Linkedin: $26.2 billion Nuance: $19.7 billion Skype: $8.5 billion ZeniMax: $7.5 billion GitHub: $7.5 bilion Nokia phone unit: $7.2 billion aQuantive: $6.3 billion Mojang (Minecraft): $2.5 billion *deal pending
3
97
Show this thread