If You Invested $1000 In Apple When Steve Jobs Returned To Apple 28 Years Ago, Here's How Much You'd Have
Portfolio Pulse from Rounak Jain
On the 28th anniversary of Steve Jobs' return to Apple, a reflection on the company's growth reveals a 134,227% increase in Apple's stock price from $0.137277 in 1997 to $184.4 today. An initial $1,000 investment in Apple then would be worth $1,343,269 today, significantly outperforming similar investments in Nasdaq and S&P 500 index funds. The article also highlights Apple's product innovations under Jobs and the promising start of the Apple Vision Pro mixed reality headset.
February 04, 2024 | 2:47 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Apple's stock has seen a monumental rise of 134,227% since Steve Jobs' return in 1997, with a $1,000 investment then worth $1,343,269 today. The article also discusses the promising start of the Apple Vision Pro, indicating continued innovation and potential growth.
The significant appreciation in Apple's stock price since Steve Jobs' return highlights the company's successful turnaround and growth trajectory. The introduction of innovative products like the Apple Vision Pro underlines Apple's continued leadership in technology, potentially driving further stock appreciation. The historical performance and the optimistic outlook for new products like the Vision Pro contribute to a positive short-term impact on Apple's stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100