If You Had Invested Right After Apple’s IPO

If You Had Invested Right After Apple's IPO

Apple Incorporated (AAPL) is the world’s largest company by market capitalization, boasting a value of $997.55 on November 2, 2018. On August 2, 2018, the global tech giant and smartphone manufacturer became the first company to reach a market cap of $1 trillion. Apple announced its Q4 2018 earnings on November 1, 2018. The global tech giant reported $62.9 billion in revenues this quarter, nearly a 20% increase from $52.6 billion over the same period last year.

In order to fully appreciate Apple’s growth from a $22 IPO in 1980 to a $222 share price as of November 1, 2018 market close, here’s a breakdown of the company’s growth and stock split history.

1980: Apple IPO

1987: Two for One Stock Split

2000: Two for One Stock Split

2005: Two for One Stock Split

2014: Seven for One Stock Split

Present-Day Value From an Apple IPO Investment

Source link Google News

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