If You Invested $1,000 In Apple Stock When The iPhone Was Unveiled, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
The article discusses the impact of the iPhone on Apple Inc's (NASDAQ:AAPL) stock performance since its unveiling in 2007. It states that a $1,000 investment in Apple stock after the iPhone announcement would be worth $54,911.62 today, representing a return of 5,391.2% over the past 16 years.
August 04, 2023 | 5:27 pm
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The unveiling of the iPhone in 2007 significantly boosted Apple's stock performance, with a $1,000 investment then worth $54,911.62 today.
The article directly links the unveiling of the iPhone to a significant increase in Apple's stock value. Given the iPhone's success and its contribution to Apple's revenue, it's reasonable to conclude that the product had a positive impact on the company's stock performance.
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