“If you had spent $1,000 on Apple stock in 1980, you would have been able to buy about 45 shares at $22 apiece. But! 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.”
Hmph. Maybe Apple is working on that time machine? Might be nice. Email rrollins@coxohio.com.
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