Apple (NASDAQ:AAPL) has outperformed the market over the past 5 years by 17.08% on an annualized basis producing an average annual return of 24.09%. Currently, Apple has a market capitalization of $2.06 trillion.
Buying $100 In AAPL: If an investor had bought $100 of AAPL stock 5 years ago, it would be worth $297.28 today based on a price of $129.62 for AAPL at the time of writing.
Apple’s Performance Over Last 5 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.