A Boxed Original iPhone Or S&P 500: Which Investment Triumphed In The Long Run?
Portfolio Pulse from Shanthi Rexaline
Apple unveiled the Vision Pro mixed-reality headset, coinciding with a comparison of investing in the first iPhone vs the S&P 500. An unboxed iPhone 1 sold for $63,356.40, generating a 10,477% return, while investing the same amount in the SPDR S&P 500 ETF Trust (SPY) would have yielded a 297% return.
June 07, 2023 | 6:41 am
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POSITIVE IMPACT
Apple unveiled the Vision Pro mixed-reality headset, and analysts are positive about its long-term potential. A comparison showed a 10,477% return on the first iPhone.
The launch of the Vision Pro mixed-reality headset shows Apple's continued innovation in the tech industry. The comparison of the first iPhone's return highlights the company's ability to create successful products, which could positively impact AAPL's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
A comparison of investing in the first iPhone vs the SPDR S&P 500 ETF Trust (SPY) showed a 297% return for the ETF.
The comparison of the first iPhone's return to the SPY ETF highlights the difference in returns between individual stocks and broader market indices. While the news may not have a direct short-term impact on SPY, it serves as a reminder of the potential risks and rewards of investing in individual stocks vs ETFs.
CONFIDENCE 90
IMPORTANCE 25
RELEVANCE 50