Best investment of 2012: $60 million financing of Instagram in April. The round valued Instagram at $500 million. Investors doubled their money in a few days, when Facebook bought the company for $1 billion. In the end, the sale price was a bit less than a billion because half of it was in Facebook stock, and we all know what happened post-IPO. But as weekend wager, not bad at all.
The company just introduced three gorgeous new devices. Here's proof it wasn't always so adept.