Apple (NASDAQ:AAPL) has outperformed the market over the past 20 years by 26.8% on an annualized basis producing an average annual return of 33.52%. Currently, Apple has a market capitalization of $2.27 trillion.
Buying
Apple (NASDAQ:AAPL) has outperformed the market over the past 20 years by 26.8% on an annualized basis producing an average annual return of 33.52%. Currently, Apple has a market capitalization of $2.27 trillion.
Buying $1000 In AAPL: If an investor had bought $1000 of AAPL stock 20 years ago, it would be worth $327,336.10 today based on a price of $140.20 for AAPL at the time of writing.
Apple’s Performance Over Last 20 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
