Apple shares have accelerated to 45,697% over the past 20 years

Apple has come a long way in the 21st century alone. In 2001, it still hadn’t launched the iPod, iTunes, iPhone, iPad, or Apple Watch. Despite being in the reform process under the leadership of Steve Jobs, but at the time, Apple was still “flourishing” in the early stages of development.

The company’s sublimation over the following years brought significant changes to Apple’s stock price. On January 28, 2001, an Apple stock costs 30 cents. On January 28, 2021, Apple’s shares at the close were priced at $ 137.09. Just a simple calculation, you will see an increase of … 45,697%!

Today, Apple is valued at $ 2.3 trillion, making it the largest technology company in the world.

Of course, Reddit’s attack on Wall Street last week showed that stock prices don’t always properly reflect a business’s background. But Apple – with huge sums of money, a wealth of profit-generating sources, inventors of great products bearing generations, and a recent quarterly financial report with record numbers – certainly has a solid business background. The proof of that is that their share prices have continuously climbed since 2001, without having too many serious shocks.

In the past 20 years, Apple has made dividends 3 times. A split 2 to 1 in February 2005. It was followed by 7 for 1 in June 2014. Most recently, 4 for 1, in August 2020.

Dividends – in which the company splits the stock into pieces at a lower price – makes the stock more accessible to investors. It also increases the solvency of cash, which means the speed at which a stock can be bought and sold without having a major impact on the share’s price.

Reference: CultofMac