How much money would you make if you invested in Apple stock?

How much money would you make if you invested in Apple stock?

Apple has promised to bring AI-based features to many of its devices starting in June. And this week, Apple users finally got a chance to try out Apple Intelligence for themselves just before the company’s latest quarterly earnings report.

On October 28, Apple made a public announcement new software update which he brought Apple Intelligencethe company’s branded generative artificial intelligence model, on iPhone, iPad and Mac devices.

The first iteration includes generative AI tools that can help users with various tasks, such as texts, emails and notes, searching for specific photos by describing what they’re looking for, and creating videos, according to a press release.

“Apple Intelligence builds on years of innovation in artificial intelligence and machine learning to put Apple’s generative models at the heart of our devices, giving our users an easy-to-use personal intelligence system. All this while protecting their privacy,” Apple CEO Tim Cook said in a press release.

On June 11, the day after the iPhone maker originally announced AI feature, Apple’s share price rose 7 percent to $207.15. Apple shares continued to rise, hitting a 52-week high of $237.49 on October 15.

How much is an investment in Apple worth?

Apple announced its fourth fiscal quarter earnings after the market closed on October 31.

The company reported earnings per share of $1.64, which beat the LSEG consensus estimate of $1.60. And the giant reported revenue of $94.93 billion for the quarter, beating analysts’ estimates of $94.58 billion.

The company debuted on the stock market almost 44 years ago, on December 12, 1980, at a price of $22 per share. Since then, Apple has grown to a market capitalization of $3.4 trillion with shares trading at $230.10 as of the market close on October 30.

With that in mind, CNBC calculated how much it would a $1,000 investment in Apple made one, five, 10 and 44 years ago was currently valuable. CNBC’s calculations are based on Apple’s closing stock price as of Oct. 30 and do not take into account potential changes in the company’s stock price following its recent earnings report.

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Actions

If you invested a year ago
Percentage of changes: 36%
Unpaid rent as of Oct. 30: $1,357

If you invested five years ago
Change percentage: 286%
Outstanding rent as of Oct. 30: $3,857

If you invested 10 years ago
Change percentage: 789%
Outstanding rent as of Oct. 30: $8,885

If you invested when Apple went public in 1980
Percentage of changes: 185.889%
Purchase price as of Oct. 30: $1,859,888

Why should investors diversify their investments?

When it comes to investing, financial experts usually advise against picking individual stocks based solely on how a company performs in the short term. This is because the stock market can be unpredictable and any number of factors can cause stock prices to fall or rise unexpectedly.

Instead, a more passive approach tends to benefit most investors. One tried-and-true strategy is to invest in low-cost index funds.

These types of funds aim to mirror a market index like S&P 500which measures the stock performance of about 500 large US companies in various industries. When you invest in an index fund, you get exposure to a wide range of companies, including Nvidia, Apple and Netflix, instead of putting all your eggs in one basket.

As of Oct. 30, the S&P 500 is up nearly 40 percent from 12 months ago, according to estimates CNBC-a. Its value is up nearly 90 percent from the same time in 2019, about 191 percent from a decade ago in 2014, and about 4,414 percent since December 1980.

Source: BIZLife

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