Wednesday, August 20, 2014

Apple Hits $100, Closes In on Record - Digits - WSJ

Also see Apple Hits $100, Closes at Record High (also WSJ, published later in the day yesterday; AAPL closed at $100.53)

"With Apple once again poised to reclaim record highs, a long-term look at Apple’s performance shows some staggering results. On a day when Google Inc. celebrates its 10-year anniversary of the day it went public, Apple’s performance has far exceeded the Internet search giant.

Over the past 10 years, Apple’s stock is up 4,419% through Monday’s close (the stock traded at $2.19 on a split-adjusted basis exactly a decade ago). That makes it the fourth best performer in the S&P 500 over the past decade. By comparison, Google is up 1,294% over that time frame.

A $10,000 investment in Apple 10 years ago would be worth $456,347.03 today."
Apple Hits $100, Closes In on Record - Digits - WSJ

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