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Apple Stock Hits $300 – What You Could Have Made Buying Apple Shares

Posted by Brian Krassenstein on Oct 13th, 2010 and filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Apple Stock

A Look at Past Apple Share Values

Today Apple’s stock price hit a milestone of $300 per share, and is currently trading over that mental threshold. Apple, which is one of the fastest growing large cap companies in the world has obviously made many people wealthy. The company, which started it’s meteoric rise right only about 7 years ago, has gone up an amazing 4560% since 2003. The turnaround in Apple, led by CEO Steve Jobs, has been incredible to say the least. Here is just a brief look at how much money you could have made if you had invested $10,000 in a purchase of Apple shares throughout the last 20 years:

- February 1990 – $8.43 a share – $10,000 investment would be worth $357,000
- February 1995 – $9.75 a share – $10,000 investment would be worth $308,700
- February 1999 – $9.29 a share – $10,000 investment would be worth $324,000
- April 2003 – $6.60 a share – $10,000 investment would be worth $456,000
- March 2009 – $85.30 a share – $10,000 investment would be worth $35,280

As you can see, if you invested just $10,000 into Apple only seven and a half years ago, you could have made close to half a million dollars. Even an investment back in March of last year would have earned you a profit of over $25,000. How much further can Apple’s stock go in the coming years? Clearly the major gains are through, however, Apple can easily be a long steady earner for any stock portfolio from here on out.

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