What was the offering price at Apple's initial public offering (IPO)? Apple went public on December 12, 1980 at $22.00 per share. The stock has split five times since the IPO, so on a split-adjusted basis the IPO share price was $. 10.
The closing price for Apple (AAPL) in 1999 was $0.78, on December 31, 1999. It was up 144.1% for the year.
Many investors have similar regrets about not buying Apple (NASDAQ: AAPL) in early 2009, when the stock was trading for roughly $3 per share.
Apple's market cap in 1997 was around only $2.3 billion, barely higher than it had been on the IPO day. Prices leveled again: The launch of the all-in-one iMac (the iconic color model), in 1998, was the one of the key milestones of the company's resurgence.
The closing price for Apple (AAPL) in 1995 was $0.24, on December 29, 1995. It was down 17.1% for the year.
Let's turn the clock forward to 2007, 10 years after Steve Jobs returned to the company as its CEO. That was the year Apple launched its first iPhone. If you had invested $3,000 in Apple on Jan. 9, 2007 -- the day Jobs announced the iPhone -- your investment would be worth over $139,000 today.
An amount of $1,000 invested in Apple stock in June 1998 -- 24 years ago -- would have turned into roughly $550,000 today. By comparison, if invested at the time of Apple's IPO, the amount of $1,000 would have been $1.1 million today.
Over the past 20 years, Apple shares have generated a total return of roughly 66,054% compared to a 349% total return for the S&P 500 during that stretch. Those gains translate to a 38.4% compound annual growth rate for Apple compared to a 7.8% CAGR for the S&P 500 in that time.
And if you had given your $1,000 investment a decade to grow, you'd have about $6,665 now — up nearly 540%, according to CNBC's calculations, which also factors in the company's various stock splits over the years.
Over the past two decades, Apple stock generated a total return (price change plus dividends) of more than 69,000%, or more than 38% annualized. Have a look at the above chart and you'll see that if you invested $1,000 in Apple stock 20 years ago, it would be worth more than $695,000 today.
Since Apple stock trades at $126.36 today, that translates to a return of 126,360%. In other words, that $1,000 investment in 1980 would be worth more than $1.26 million today!
The Bottom Line. If you'd invested $1,000 in Apple in September 2017, you'd have around $3,900 by September 2022. You could have had even more — nearly $4,600 — if you'd sold at the stock's peak over the past five years, though.
If you had invested $10,000 in Microsoft at the time, your investment would now be worth more than $9 million. Apple went public in December 1980 with its IPO priced at a pre-split price of $22 per share. A $10,000 invested in Apple back then would now be worth more than $1.6 million.
Currently, Apple has a market capitalization of $2.91 trillion. Buying $100 In AAPL: If an investor had bought $100 of AAPL stock 15 years ago, it would be worth $3,079.96 today based on a price of $185.06 for AAPL at the time of writing.
The value of $10,000 in 20 years depends on factors like inflation and investment returns. Assuming an average annual inflation rate of 2%, the future value of $10,000 would be approximately $6,730 in today's dollars. However, investing an average annual return of 7% could grow to around $38,697.
According to the reports, Apple may ditch the older iPhones, especially iPhone 11 after the iPhone 14 launch. The American tech giant tends to follow this norm to ensure sales of new models are not affected. Here is a list of iPhone models whose existence has been put in doubt ahead of the launch of iPhone 14.
The closing price for Apple (AAPL) in 2000 was $0.23, on December 29, 2000. It was down 71.6% for the year.
The closing price for Apple (AAPL) in 1984 was $0.10, on December 31, 1984. It was up 19.4% for the year. The latest price is $185.30.