Apple IPO anniversary: How much would a $1,000 investment be worth today?
Published On Dec 12, 2024, 4:41 PM
On the anniversary of Apple's IPO, the article discusses the immense growth of the company since its initial offering in 1980. Investing $1,000 in Apple at its IPO price of $22 per share would have resulted in acquiring 45 shares. Thanks to five stock splits, this investment would have grown to 10,080 shares today. With Apple's current share price around $248, the initial investment is now worth approximately $2.5 million, demonstrating Apple's significant value appreciation over the past 44 years.