Doing some calculations, Kif noted that over the almost 40-year run so far as a public stock, AAPL has seen an incredible 125,285% increase.
Apple went public on December 12, 1980 at $22.00 per share. The stock has split four times since the IPO so on a split-adjusted basis the IPO share price was $.39.
AAPL shares have been on a tear since Apple reported its record-breaking June quarter at the end of July. The stock price is up another 21% in just the last three weeks, which pushed it to be the first publicly-traded company to hit a $2 trillion market valuation. Looking at the year, Apple’s stock price has increased by a huge 130%.
Apple’s at $489 today, a 125,285% increase since IPO https://t.co/7uXs7e62HN
— kif (@kifleswing) August 21, 2020