Finance
If You Invested $1,000 In Apple Stock 27 Years Ago, Here’s How Much You’d Have Today
Apple (NASDAQ: AAPL) The stock has had many problems since its IPO in 1980. After the board fired Steve Jobs in 1985, the company spent years in the wilderness. It suspended dividend payments in 1996 and was nearly bankrupt when it brought Jobs back in 1997.
Shortly after, Apple stock began a run that made it one of the most successful stocks in history, illustrating how innovation can dramatically improve a company’s fortunes.
Apple’s stock growth since Jobs’ return
If someone had bought $1,000 worth of Apple stock upon their return in February 1997 and held onto it to this day, that position would be worth about $1.8 million. That figure assumes this hypothetical investor would have reinvested his income from the dividend, which Apple reinstated in 2012.
Jobs’ first big step after returning was integrating the Mac ecosystem with the broader tech world, in a compelling way Microsoft to invest $150 million in Apple to develop and support a Mac-compatible version of its popular Office software.
He also began building an Apple ecosystem, innovating the Macintosh, launching the iMac in 1998 and releasing a new MacOS in 2001. The company gained even more traction by launching the iPod music player in 2001 and opening Apple Stores and iTunes. Store shortly afterwards.
However, the innovation that truly transformed Apple was the iPhone, which it launched in 2007. This pioneered the modern smartphone industry and ultimately eliminated the need for many people to own a PC. The iPhone was so successful that it generates the majority of Apple’s revenue to this day.
Apple’s pace of innovation has slowed with the disappearance of Jobs in 2011. Now Apple competes more directly with devices and apps that use Alphabet‘s Android operating system and with most of its megatech competitors in the artificial intelligence field.
Nevertheless, continuous innovations have made the company at times the largest company in the world by market capitalization, and today it is in the top three. Thanks to products like the iPhone and its extensive ecosystem, Apple’s stock price should continue to grow.
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Suzanne Frey, a director at Alphabet, is a member of The Motley Fool’s board of directors. Will Healy has no position in any of the stocks mentioned. The Motley Fool holds positions in and recommends Alphabet, Apple, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls to Microsoft and short January 2026 $405 calls to Microsoft. The Motley Fool has one disclosure policy.
If You Invested $1,000 In Apple Stock 27 Years Ago, Here’s How Much You’d Have Today was originally published by The Motley Fool
