Apple AAPL has outperformed the market over the past 15 years by 17.37% on an annualized basis producing an average annual return of 23.93%. Currently, Apple has a market capitalization of $2.18 trillion.
Buying $100 In AAPL: If an investor had bought $100 of AAPL stock 15 years ago, it would be worth $2,323.88 today based on a price of $137.24 for AAPL at the time of writing.
Apple's Performance Over Last 15 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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