Apple Added About $1.5 Trillion in Market Value in a Year. Here's What $10,000 Invested a Decade Ago Is Worth Now.
The result is a six-figure sum. What produced it matters for the next decade.
Overview
Apple (NASDAQ: AAPL) is worth about $4.54 trillion, up 51% over the past year -- a gain of more than $1.5 trillion.
For scale, the whole company was worth about $580 billion a decade ago. In other words, the value Apple added in the past 12 months is more than two and a half times the value of the entire business in August 2016.
Details
Numbers like that make the long view worth taking. So, what did the past decade actually pay an investor who bought and held -- and how much of the gain came from the business itself, versus the market simply paying more for the same earnings?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.