Thursday , November 26 2020

Apple is worth $2T: Here’s how rich you’d be if you bought its stock instead of its products

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Inside money, markets, and big tech

Last year, we investigated how rich a person would be if he or she hadn’t bought any first iteration of an Apple product, but instead bought Apple stock. Since publishing, on June 18 2019, Apple’s stock price soared from a ‘mere’ $196 to over $467 as of today. With that, Apple’s become the very first American company to reach a market capitalization of over $2 trillion.

Sufficient reason to take a second look at last year’s piece, and find out how rich you’d be if you hadn’t bought the product, but its stocks instead, and kept it in your portfolio up until today. So without further ado, here are the updated figures:

So there you have it. An Apple product might have added value to you in some abstract professional sense, but you probably would’ve made a helluva lot more if you’d bought its stock. Go figure.

Published August 19, 2020 — 15:52 UTC

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