If you had invested $10,000 in Apple Inc. (AAPL) stock 30 years ago, you would have seen a remarkable return on your investment. To illustrate this, let's assume you bought Apple stock at its average price in 1990, which was $0.2659 per share. With $10,000, you would have purchased approximately 37,500 shares.
Over the next 30 years, Apple's stock price has grown significantly. As of December 20, 2024, Apple's stock price was $254.49 per share. To calculate the total value of your investment today, we multiply the number of shares you own by the current stock price:
37,500 shares * $254.49/share = $9,537,250
So, if you invested $10,000 in Apple stock 30 years ago, your investment would be worth approximately $9,537,250 today. This represents a compound annual growth rate (CAGR) of 27.27% over the past 30 years.
It's essential to note that this calculation assumes you held onto your shares for the entire 30-year period and did not sell any of them. Additionally, it does not account for any dividends Apple may have paid out during this time. If you had reinvested those dividends, your total return would be even higher.
In conclusion, investing in Apple stock 30 years ago would have provided a substantial return on investment. Apple's strong financial performance, innovative products, and strategic acquisitions have driven its stock price growth over the past three decades. As the company continues to evolve and adapt to changing market conditions, it remains an attractive investment option for many investors.
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