Apple AAPL has outperformed the market over the past 15 years by 19.01% on an annualized basis producing an average annual return of 26.6%. Currently, Apple has a market capitalization of $2.38 trillion.
Buying $100 In AAPL: If an investor had bought $100 of AAPL stock 15 years ago, it would be worth $3,373.57 today based on a price of $150.31 for AAPL at the time of writing.
Apple’s Performance Over Last 15 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.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.