Here's How Much Investing $1,000 In Apple When Trump Sold Would Be Worth Today

Outgoing President Donald Trump is well-known for sharing his thoughts on a range of topics across his Twitter Inc TWTR profile.

A study showed that Trump tweeted 5,293 times in a 12-month period, ranking first among world leaders.

Even before the presidency, Trump often shared his thoughts on Twitter.

His opinion on Apple Inc AAPL in 2014 turned out to not be poor trading advice, as shares have increased substantially since Trump sold his shares.

Trump On Apple: In 2014, Trump tweeted about his frustration that Apple iPhones did not have larger screens.

Trump said Samsung phones had much better size and that Apple needed to go to a larger screen, which would hurt Apple sales.

In a move to show his frustration, Trump tweeted on Jan. 28, 2014 that that he sold his shares of Apple.

Related Link: Benzinga Survey: Will Apple Or Microsoft Grow More By 2025?

Apple Performance: Apple shares were trading at $451.92 the morning of Jan. 28. Since that time, shares were split 7-for-1 in 2014 and 4-for-1 in 2020.

A $1,000 investment could be looked at in two ways from that price in 2014. Buyers could buy two whole shares of Apple for $903.84 with a leftover cash balance of $96.16.

Those two shares would become 56 today with the two splits. The shares would be worth $6,646.64 based on today's share price of $118.69.

Adding in the cash balance from the start would make the $1,000 investment worth $6,742.80, which is an impressive six-year return.

When taking out the whole share requirement and investing the full $1,000, an investment the day Trump announced his sale would be worth $7,358.78.

Either way, buying shares when Trump sold his produced a strong return.

Benzinga’s Take: Apple has been one of the best-performing stocks of the last five and 10 years, with returns of 292% and 948%, respectively.

Trump’s sale out of frustration with the technology company cost him some huge gains.

Photo courtesy of Apple.