Apple, the world's largest electronics company, was one of the first US traded stocks to reach the $1 trillion market cap club.
The company went public on the NASDAQ in 1980 and will hit its 40-year anniversary as a publicly traded company on December 12th.
Apple's IPO (initial public offering) was on December 12th, 1980 at $22 per share.
Since then, Apple stock has split 4 times in 1987 (2 for 1), 2000 (2 for 1), 2005 (2 for 1) and 2014 (7 for 1).
That means you would own 56 shares for every 1 share purchased in 1980.
Here's a quick look at how many shares you would currently have if you invested $100, $1,000, $10,000 or $100,000:
- $100 = 4.54 x 56 = 254.24 shares
- $1,000 = 45.45 x 56 = 2,542.2 shares
- 10,000 = 454 x 56 = 25, 424.54 shares
- $100,000 = 4545.45 x 56 = 254,545.45 shares
These numbers do not include dividends reinvested to keep the calculations simple. Some investors automatically reinvest dividends while other collect the cash. I'll show you later some cool numbers if you reinvested those divdends.
Apple Stock Performance at its IPO in 1980 until Now (w/out Reinvested Dividends)
|If You Had Invested in Apple at its IPO in 1980||Current Market Value|
Tarik Pierce is the founder of InvestorTrip.com and regularly contributes articles to this website.
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While his background is mostly related to trading stocks, he recently gained interest in real estate crowdfunding with Fundrise.