Facebook IPO watch: Apple (AAPL) co-founder Steve Wozniak recently said that he will buy shares of Facebook (FB) after Facebook IPO.
Wozniak and Steve Jobs jointly produced the first computer in 1976, and co-founded Apple. He said in an interview with Bloomberg TV in Sydney that he will buy Facebook stock regardless of the share price.
Facebook plans to raise funds of $11.8 billion in its IPO on May 17. The company plans to sell 337.4 million shares in the public offering at the price range of $28-$35 per share and will command a market value of approximately $96 billion.
Wozniak is the chief scientist of the production kept equipment maker Fusion-io which is headquartered in Salt Lake City and having close business cooperation with Facebook. The company generated 36%, 24% and 14% of revenues from Facebook, Apple and Hewlett Packard (HPQ).