Quote:
Originally Posted by ute4ever
I'll see your Google, Forrest, and raise you an Apple.
It launched at $26 per share, is worth about $190 now, and has been split 2:1 three times. In other words, its worth is 58.5 times greater now: (26/190) x (2x2x2) = 58.5.
A similar investment of $42,500 (500 shares x $85) in 1984 would yield $2,498,250 today.
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I cry about apple and my experience is more recent...I bought it for 11 bucks a share in like 2001 and sold it for about 35 bucks just after the first Ipod was released. I figured the market was overpricing the impact of a simple little device that could only play music....boy was I wrong
I made money but I kick myself for selling.