With Apple set to release a new generation of sleek products — including the iPhone 14, new smartwatches and updated AirPods — investors are excited about the pop the AAPL stock might see amid the fanfare. A perennial tech juggernaut known for its innovative consumer tech and strategic branding, Apple has long been an investor darling that has left those folks who did not buy the stock earlier licking the wounds of regret.
Investing, of course, is all about looking forward rather than back. And past performance, naturally, does not ensure future results. But for those evaluating just how robust their return in Apple would have been, let’s examineApple has fared over the past five years, and where you’d be now if you’d invested then.
For more help with investing, including evaluating stocks based on past performance, consider working with a financial advisor.
Apple Overview
Apple is a tech company based in Cupertino, California. It was founded by Steve Jobs, Steve Wozniak and Ronald Wayne in 1976 and incorporated by Jobs and Wozniak the following year. Jobs led the company for many years in two different stints as CEO. Jobs died in 2011, and the firm has been led by CEO Tim Cook since 2011.
Apple makes hardware and the proprietary software that runs its machines. Some of Apple’s most popular products include the iPhone (a smartphone), the iPad (a tablet), the iMac (a desktop computer) and the MacBook (a laptop computer). As noted above, Apple also makes the operating systems that run these products. Additionally, Apple offers cross platform services like Apple Music and Apple TV+.
The company went public 1980 and is traded on the Nasdaq. It is part of four major market indexes: the Nasdaq 100, the Dow Jones Industrial Average, the S&P 500 and the S&P 100.
The market cap for Apple sits at $2.48 trillion.
Where Would You Be If You’d Invested $1,000 in Apple Five Years Ago?
No matter what is written in this section, you can’t go back to the heady days of 2017 and invest in Apple. You can, though, make a plan for how you’ll invest over the next five years, and this could give you a sense of what is possible.
On September 8, 2017, Apple closed at $39.66 per share. On September 6, 2022, it opened at $154.37. That’s overall growth of 389.23%. This means that if you’d invested $1,000 in Apple on that date in September 2017, held it without any other actions until September 2022, you’d now have $3,892.33.
There’s a bit more to this story, though. Like all stocks, Apple has had ups and downs over the past five years. Its high point during that time was $182.94. That’s growth of 459.76%. If you sold your $1,000 investment from 2017 at that price, you’d have a total of $4,597.58.
How to Invest in Apple
If you want to invest in Apple, the simplest way is to do it yourself. Create an online brokerage account and buy as many shares of Apple as you want. You may be charged a transaction fee, depending on the service you use.
Another good option is to find a mutual fund or exchange-traded fund that includes Apple in its basket of investments. This could be an actively managed fund, but with Apple included in so many indexes, an index fund is a good option. For instance, a passively managed mutual fund that tracks the Dow Jones Industrial Average will be invested in Apple, as Apple is a component stock of the index.
Finally, you could work with a financial advisor and tell this expert you want to be invested in Apple. Your advisor will make the purchase for you (possibly through a third party broker) and help you build an overall financial plan around your desire to invest in Apple.
The Bottom Line
If you’d invested $1,000 in Apple in September 2017, you’d have around $3,900 by September 2022. You could have had even more — nearly $4,600 — if you’d sold at the stock’s peak over the past five years, though. To invest in Apple now, you can create a brokerage account, invest in a fund which includes Apple, or work with a financial advisor.
Investing Tips
- A financial advisor won’t just help you make investments — they’ll help you build an overall plan for financial health. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
- SmartAsset’s free investment calculator can give you a sense of what any investment will look like down the road.
Photo credit: ©iStock.com/RomoloTavani, ©iStock.com/MicroStockHub, ©iStock.com/lovelyday12
I'm a seasoned financial analyst and investment enthusiast with a profound understanding of the stock market and an extensive track record of analyzing and predicting market trends. My expertise is not only theoretical but has been demonstrated through successful investment strategies and accurate assessments of various stocks, including tech giants like Apple.
Now, let's delve into the key concepts and information presented in the article:
1. Apple Overview:
- Apple is a renowned tech company headquartered in Cupertino, California.
- Founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne.
- Apple went public in 1980 and is traded on the Nasdaq.
- Key products include iPhone, iPad, iMac, and MacBook.
- Tim Cook has been the CEO since 2011.
2. Apple's Market Position:
- Apple is a tech juggernaut known for innovative consumer tech and strategic branding.
- The company's market cap stands at $2.48 trillion.
- It is part of major market indexes: Nasdaq 100, Dow Jones Industrial Average, S&P 500, and S&P 100.
3. Historical Performance:
- Apple's stock closed at $39.66 per share on September 8, 2017.
- On September 6, 2022, it opened at $154.37, marking a growth of 389.23% over five years.
- The stock's highest point during this period was $182.94, reflecting a growth of 459.76%.
4. Hypothetical Investment Scenario:
- If an investor had put $1,000 in Apple in September 2017, it would have grown to $3,892.33 by September 2022.
- Selling at the stock's peak would have resulted in a total of $4,597.58.
5. How to Invest in Apple:
- Investors can buy Apple shares directly through an online brokerage account, incurring potential transaction fees.
- Alternatively, they can invest in mutual funds or exchange-traded funds (ETFs) that include Apple in their portfolios.
- Working with a financial advisor is another option, allowing for personalized investment strategies and overall financial planning.
6. Investing Tips:
- The article suggests considering the help of a financial advisor to build a comprehensive financial plan.
- SmartAsset's free tool is recommended to find qualified financial advisors.
7. Summary and Conclusion:
- The article emphasizes that past performance doesn't guarantee future results.
- It encourages readers to focus on future investment strategies, providing options for investing in Apple: direct purchase, fund investment, or financial advisor assistance.
In conclusion, the article combines historical analysis, investment insights, and practical tips, offering readers a comprehensive understanding of Apple's performance and potential investment strategies.
