$1000 Invested In Apple 10 Years Ago Would Be Worth This Much Today

Apple (NASDAQ:AAPL) has outperformed the market over the past 10 years by 16.16% on an annualized basis producing an average annual return of 29.36%. Currently, Apple has a market capitalization of $5.03 trillion.

Buying $1000 In AAPL: If an investor had bought $1000 of AAPL stock 10 years ago, it would be worth $13,291.84 today based on a price of $351.82 for AAPL at the time of writing.

Apple’s Performance Over Last 10 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.