Stocks

Apple's Remarkable Growth: A 20-Year Journey from $100 to $45,000

Published February 20, 2024

It's been a remarkable journey for Apple Inc. AAPL, a giant in the realm of technology that has redefined consumer electronics, software, and online services. Over the last two decades, the company has not just grown; it has thrived in the stock market, offering unprecedented returns to its investors. Those who had the foresight to invest a mere $100 into Apple stock 20 years ago would be looking at an impressive portfolio valuation of around $45,000 today.

The Spectacular Rise of AAPL

With an annualized outperformance of 28.0% over the market during the past 20 years, Apple has presented an average annual return of 35.62%. This statistic is a testament to the company's robust business model, innovative products, and strong leadership. Currently, Apple boasts a staggering market capitalization of $2.81 trillion, establishing it as one of the elite players in the global market.

Apple's Position in the Global Market

Apple Inc. AAPL isn't just a household name; it's a market leader and trendsetter. As of 2020, Apple achieved the milestone of being the world's largest technology company by revenue, with a total revenue of $274.5 billion. In 2021, it was the world's most valuable company. This dominance is further reflected by its ranking as the fourth-largest PC vendor by unit sales and the fourth-largest smartphone manufacturer globally. Apple's influence, alongside other American IT behemoths like Amazon, Google, Microsoft, and Facebook, places it in the prestigious category of the Big Five in information technology.

Apple, Investment, Growth