If you bought Apple stock instead of telephones, you’d have $170K
Picture Credit: Haje Kamps / MidJourney
What would occur if, instead of shopping for the latest iPhone each time Apple launches one, you bought that very same quantity of Apple stock?
There’s a tweet floating around saying that if you had bought Apple shares instead of an iPhone each time they got here out, you’d have tons of of tens of millions of {dollars}. That’s true, however provided that you had been clairvoyant in 2007, and knew when Apple could be launching telephones, and at which worth.
I figured a extra honest manner of calculating it will be to think about purchase a top-of-the-line iPhone each time Apple releases a brand new iPhone, or spend the identical quantity on Apple stock. If you had finished that, by my calculations, you’d have spent round $16,000 on iPhones through the years (that’s round $20,000 in at this time’s {dollars}). If you’d bought Apple shares instead, you’d at this time have $146,000 or so – or a revenue of round $130,000.
Apple’s stock worth has rallied considerably for the reason that launch of the unique iPhone. Right here’s a chart together with the stock splits. Picture credit score: Screenshot from MacroTrends.
The precise numbers are under:
Gotta love a great Google Sheet, some ChatGPT, and Google Finance. See the unique sheet right here, if you’re that sort of nerd Picture credit score: Haje Kamps.
And for some truly helpful Apple protection, try all of our protection from the Apple Fall Occasion 2023!