If You Invested $1000 In Apple Stock 5 Years Ago, You Would Have This Much Today

Apple (NASDAQ:AAPL) has outperformed the market over the past 5 years by 6.37% on an annualized basis producing an average annual return of 18.74%. Currently, Apple has a market capitalization of $5.00 trillion.

Buying $1000 In AAPL: If an investor had bought $1000 of AAPL stock 5 years ago, it would be worth $2,339.40 today based on a price of $334.20 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.