price of apple stock march 1981

What is the history of the Apple share price?

The Apple share price history reflects this reality. Apple was co-founded by Steve Jobs and Steve Wozniak in 1976 and one year later launched the Apple II computer. The company, officially known at the time as Apple Computers Inc, went public on the Nasdaq stock exchange on 12 December 1980, at a split-adjusted cost of 39 cents per share.

Did you buy Apple stock in 1980?

So You Bought Apple Stock in 1980. That’s the year Apple Computer went public. (It dropped the “Computer” from its name to become Apple Inc. in 2007, right in time for the introduction of a transformative device: the smartphone.) If you had spent $1,000 on Apple stock in 1980, you would have been able to buy about 45 shares at $22 apiece.

How much did Apple stock rise after the iPad sale?

On the first day of trading following its sale, Apple stock rose slightly from $234.98 at open to $238.49 at close, a little over a 1% increase. A month later, Apple traded at $266.35 per share. Just a year after the iPad's release, Apple was up to $341.19, a 43% increase. 11 Apple held a market share in the tablet arena of 31.7% as of Q1 2021. 15

What is the average annual stock price change for Apple?

Apple Historical Annual Stock Price Data Year Average Stock Price Year Open Year High Annual % Change 2018 47.2634 43.0650 58.0175 -6.79% 2017 37.6378 29.0375 44.1050 46.11% 2016 26.1510 26.3375 29.5625 10.03% 2015 30.0096 27.3325 33.2500 -4.64% 30 more rows ...

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What was the price of Apple stock in 1981?

Apple's Stock Price the Year You Were BornYearAvg. Stock PriceYear Close1984$0.1197$0.13001983$0.1675$0.10881982$0.0855$0.13331981$0.1085$0.098836 more rows•Jan 21, 2021

How much did Apple stock cost in 1982?

0.0855Compare AAPL With Other StocksApple Historical Annual Stock Price DataYearAverage Stock PriceYear High19840.11970.148419830.16750.280119820.08550.151239 more rows

How much did an Apple cost in 1980?

$22.00 per shareApple went public on December 12, 1980 at $22.00 per share. The stock has split five times since the IPO, so on a split-adjusted basis the IPO share price was $.

What was Apple stock price in 1987?

Let's say you bought 1 share of Apple before its first-ever stock split on 16th June 1987. It was trading at $79 apiece then. After the stock split, your 1 share would have become 2 shares.

What was the price of Apple stock in 1984?

The Initial Public Offering – January 1984 Apple went public in January 1984 at $3.83; but by mid-August of that year it had declined by nearly 50% to $1.81.

What were Apple shares worth in 1985?

Apple's share price on May 31, 1985, when Mr. Jobs was stripped of his power before being shown the door by then-CEO John Sculley, was $1.98, below its split-adjusted share price. The stock slumped even further, but then staged a rally that lasted for nearly two years, taking the price to nearly $15.

How many times has Apple stock split since 1980?

Since the tech hardware leader went public more than 40 years ago, Apple has split its shares five times and created massive shareholder wealth.

What would $1000 invested in Apple be worth today?

For the lucky bunch who invested $1,000 in Apple stock twelve years ago, their investment would be worth $18,400 today. That's an impressive return on investment over any time frame.

What did things cost in 1982?

In 1982, a gallon of milk cost $2.24, bacon was $1.79 for a one-pound package, and eggs were 79 cents a dozen. The average cost of a new home was $69,300, and Americans paid an average of $9,370 for a new car. The sticker price on a 1982 Buick Regal was $7,999, and you could buy a Lincoln Town Car for $13,491.

What was Apple stock worth in 1994?

The closing price for Apple (AAPL) in 1994 was $0.29, on December 30, 1994. It was up 34.1% for the year.

When did Forrest Gump buy Apple stock?

He tells Benzinga his passion for investing began at a young age; at 6 or 7 years old, when he was struck by that particular scene in the film. Around 1994, with his father's help, Newsome invested $2,600 in Apple. Later, in 2000, at the height of the tech bubble, Newsome sold his shares of Apple for a $12,000 profit.

What will Apple be worth in 10 years?

The Bottom Line Assuming 18% compound annual growth over the next decade, your $10,298 investment in Apple would be worth $53,898.

What was Apple stock worth in 1994?

The closing price for Apple (AAPL) in 1994 was $0.29, on December 30, 1994. It was up 34.1% for the year.

How much was a share of Apple stock in 2008?

The stock's closing price at the end of 2005 was $71.89, giving a total eight-share value of $575.12. Two years later, the 2007 closing price was $198.08, making the hypothetical investment worth $1,584.64. The stock suffered approximately a 50% downside retracement in 2008, closing out the year at $85.35 a share.

When did Apple stock split?

The shares rose more than 8% on the news on Feb. 2 when they approached $3,000. The 20-for-1 split outdoes recent stock splits from Apple and Tesla, which split 4-for-1 and 5-for-1 respectively on the same day in August 2020.

How much was Apple stock worth in 2008?

The stock reached $199.83 on Dec. 28, 2007 -- then plummeted to $119 by late-February 2008 after a disappointing forecast from the company. The stock rebounded to nearly $190 in May 2008, then crashed again with the market meltdown later that year.

When did Apple split its stock?

When did Apple issue its first profit warning?

Apple initiated a two-for-one stock split in 1987, 2000, and 2005 but Apple stock growth history over the years dictated a much larger split was needed to maintain a healthy base of retail investors.

What is the stock price of Apple in 2020?

However, sentiment quickly reversed as investors and analysts started to question if peak Apple stock performance had passed. All concerns were confirmed in early 2019 when Apple issued its first profit warning in 16 years.

How much did Apple fall in 2018?

Apple performance In 2020. Apple ’s stock peaked at $327.85 before investors started questioning what impact the coronavirus would not only have on consumer demand worldwide but to its supply chain. Apple depends on factories across China to manufacture its devices.

When did Apple launch the iMac?

Shares of Apple had fallen from above $230 in 2018 to below $150. But investors who counted Apple to be down and out were on the losing side of the trade and missed out on a whopping 89 per cent surge throughout 2019. The Street was debating in early 2020 when Apple would become a $2 trillion company.

How many iPhones were sold in 2004?

Savvy investors who recognised Jobs’ vision were in for a treat over the coming decades. Apple’s 1998 launch of the iMac was an important moment for Apple but not as important for Apple stock history.

When did Apple go public?

Ten million devices were sold through the end of 2004 and Apple’s stock increased more than three-fold since the initial launch. Apple’s stock price increased over the years and rose to $92.54 on 9 January 2007, which corresponds to the day Jobs first introduced the concept of the iPhone. When the new phone was launched on 1 June shares were ...

When did Apple first appear on the stock market?

The company, officially known at the time as Apple Computers Inc, went public on the Nasdaq stock exchange on 12 December 1980 , at a split-adjusted cost of 39 cents per share. Four years later Apple launched the first Macintosh computer.

What was the market cap of Apple in 1997?

At the time, it was the biggest IPO since Ford, nearly two decades before. Apple debuted in the stock exchange during a year marked by the beginning of a bull market. Macintosh era: In 1984 the first Mac was released.

How much is the iPhone 12 market cap in 2020?

Apple's market cap in 1997 was around only $2.3 billion, barely higher than it had been on the IPO day. Prices leveled again: The launch of the all-in-one iMac (the iconic color model), in 1998, was the one of the key milestones of the company's resurgence.

How much did the iPod sell in the 2000s?

The 2020s. The second trillion: In August 2020, after delivering outstanding results quarter after quarter, Apple crossed another milestone: $2 trillion in market cap. The year also marked the kickoff of the 5G cycle with the launch of the iPhone 12 and the transition of Intel processors to the Apple-designed M1 chip.

How much is Apple worth in 2016?

The 2000s. First, the iPod: In the early 2000s, Apple's market cap reached $5 billion. This period was marked by the launch of innovative offerings that gave Apple the identity that it still carries today. In 2001, the iPod was unveiled, selling over 100 million units in 6 years.

Why did Apple lose its competitiveness?

Later that year, it was announced that there were 1 billion active Apple devices in the world. At that point, the company was worth $608 billion. The first trillion: In August 2018, Apple hit its first trillion dollars in market cap.

When did Apple reach its first trillion dollars?

Difficult times: From the beginning of the 1990s to mid-1997, Apple lost competitiveness in the market due to a series of internal factors. Products that lacked consumer appeal led to a sales shortfall, and Apple was allegedly 90 days away from declaring bankruptcy.

When did Apple stock split?

The first trillion: In August 2018, Apple hit its first trillion dollars in market cap. However, by the beginning of 2019, the equity value had dropped to $746 billion after a broad market pullback in Q4 of 2018, only returning to $1 trillion in October 2019.

What is the market share of Apple in 2021?

Apple's stock has split several times since it first went public in December 1980. The first split came on June 16, 1987, on a two-for-one basis at a pre-split price of $79. The next split came on June 21, 2000, when share prices reached $111. On Feb. 28, 2005, Apple split its stock again when it hit $90. These last two were also two-for-one splits.

How much did Apple spend on R&D?

As of the first quarter of 2021, its market share in the personal computer space was 15.1%. 8.

Why do companies like Apple beat their earnings?

Apple spent $18.75 billion on research and development (R&D) in 2020. 2 By comparison, other Fortune 500 companies focus more of their energy on advertising, cost-cutting, or overall efficiency, and the difference between Apple and other companies is clear.

How much did the iMac stock increase in 1998?

Companies like Apple must beat collective market expectations of their earnings to positively influence their market capitalization. It's no accident that they often manipulate their earnings reports to match or beat estimates to artificially enhance their stock prices.

What is the second largest segment of Apple?

This represented a 21.6% increase in its share price. The iMac went on to become the "number one selling machine through the retail and mail-order channels in the 1998 holiday season," according to The New York Times. 7 Apple's stock traded at $27.53 two years after its release—a whopping 263% rise.

When was the first iPhone released?

Apple's services category is the second-highest-grossing segment ($53.8 billion), followed by its wearables, home, and accessories segment ($30.6 billion). Mac products and the iPad category rounded out the group with $28.6 billion and $23.7 billion in sales for 2020. 1.

When did Steve Jobs buy Apple stock?

Arguably the most revolutionary tech product ever created, the first Apple iPhone was announced with much fanfare on Jan. 9, 2007. The phone boasted a combination of three products: "a mobile phone, a widescreen iPod with touch controls, and a breakthrough Internet communications device with desktop-class email, web-browsing, searching, and maps."

How many times has Apple split?

So You Bought Apple Stock in 1980. Steve Jobs stands beneath a photo of him and Apple-co founder Steve Wozniak from the company’s fledgling days. ( Kimberly White / Reuters) Everybody knows that going back in time to make yourself stinking rich is not advisable. (See: Biff Tannen .)

When did the New York Times warn against investing in hyped up tech companies?

Apple shares have split four times since then—when a stock splits, it increases the number of shares an individual has—which puts the adjusted initial offering price at closer to 39 cents a share. Using that figure, an investment of $1,000 in Apple back in 1980 would yield close to $272,000 today.

Who bought Genentech?

Back in 1982, The New York Times cautioned against investing in hyped-up tech companies like Apple. “Strong performance of a new issue in its fledgling months, of course, is no guarantee of longevity,” the newspaper wrote at the time.

How much was Apple worth in 1980?

Genentech, another biotech pioneer of the era, was acquired by Roche in 2009. For what it’s worth, the legendary investor Warren Buffett is still betting on Apple—despite his general reluctance to invest in technology companies.

When did Amazon go public?

According to CashNetUSA, a $1,000 investment in Apple in December 1980 would be worth $651,000 today. When Apple had its initial public offering of 4.6 million shares in December 1980, AAPL was valued at $22 per share. More than 40 out of 1,000 Apple employees become instant millionaires.

How much is Steve Jobs worth?

Amazon went public in 1997. A $1,000 bet on Amazon back then would net you $1.43 million today. Surprisingly, an investment in Adobe Systems in 1986 would have beaten Apple, too — with $1.27 million in returns.

Is Apple a financial titan?

As Apple’s biggest shareholder, 25-year-old Steve Jobs ended the day with a net worth of $217 million. Since then, Apple has had several stock splits. Its most recent 7-to-1 stock split took place in June 2014. At the time, AAPL was valued at $92. Today, it is trading at $302.74.