If You Invested $1000 In Apple When It Announced NeXT Acquisition To Bring Back Steve Jobs, Here's How Much You'd Have
Portfolio Pulse from Rounak Jain
The article discusses the historical impact of Apple's decision to acquire NeXT and bring back Steve Jobs in 1996. It highlights the significant growth of Apple's stock price from $0.2098 in 1996 to $195.89 today, representing a nearly 934-fold increase. An initial investment of $1,000 in Apple then would be worth $933,605 today, compared to much lower returns from the Nasdaq and S&P 500 indices. The article also touches on Apple's future prospects, including the Vision Pro headset and AirPods, and mentions analyst predictions of Apple potentially reaching a $4 trillion market cap by the end of 2024.
December 20, 2023 | 11:36 am
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NEGATIVE IMPACT
BlackBerry Ltd. is mentioned in the context of being overshadowed by Apple's success in the smartphone industry, particularly with the iPhone.
BlackBerry Ltd. is referenced as a cautionary tale of what happens when a company fails to keep up with industry innovations, as Apple did with the iPhone. This historical context could negatively impact BB's perception among investors.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 20
POSITIVE IMPACT
Apple's stock has seen tremendous growth since the acquisition of NeXT and return of Steve Jobs in 1996. The article suggests continued optimism for Apple's future products and potential market cap growth.
The historical performance of Apple's stock since 1996 indicates strong growth, and the article's positive outlook on future products and market cap projections suggests a continued upward trajectory for AAPL in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100