Here's How Much $100 Invested In Apple 5 Years Ago Would Be Worth Today
Apple AAPL has outperformed the market over the past 5 years with an average annual return of 29.77%, leading to a total value of $362.76 for a $100 investment made 5 years ago. Currently, Apple's market capitalization stands at $3.32 trillion. The article emphasizes the significant impact of compounded returns on investment growth over time.
Apple AAPL has outperformed the market over the past 5 years by 12.12% on an annualized basis producing an average annual return of 29.77%. Currently, Apple has a market capitalization of $3.32 trillion.
Buying $100 In AAPL: If an investor had bought $100 of AAPL stock 5 years ago, it would be worth $362.76 today based on a price of $221.28 for AAPL at the time of writing.
Apple's Performance Over Last 5 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.