Apple (NASDAQ:AAPL) has outperformed the market over the past 15 years by 11.54% on an annualized basis producing an average annual return of 24.34%. Currently, Apple has a market capitalization of $3.41 trillion.
Buying $100 In AAPL: If an investor had bought $100 of AAPL stock 15 years ago, it would be worth $2,634.86 today based on a price of $227.32 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.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
