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Apple AAPL has outperformed the market over the past 10 years by 9.99% on an annualized basis producing an average annual return of 19.52%. Currently, Apple has a market capitalization of $2.28 trillion.
Buying $1000 In AAPL: If an investor had bought $1000 of AAPL stock 10 years ago, it would be worth $5,906.92 today based on a price of $141.67 for AAPL at the time of writing.
Apple’s Performance Over Last 10 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.