Apple (NASDAQ:AAPL) has outperformed the market over the past 20 years by 27.58% on an annualized basis producing an average annual return of 34.78%. Currently, Apple has a market capitalization of $2.84 trillion.
Buying $100 In AAPL: If an investor had bought $100 of AAPL stock 20 years ago, it would be worth $41,002.74 today based on a price of $173.98 for AAPL at the time of writing.
Apple's Performance Over Last 20 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.
