“Apple shares closed Tuesday at $100.53, surpassing their record achieved in September 2012,” Steven Russolillo reports for The Wall Street Journal. “Back then, Apple hit a closing high of $702.10, the equivalent of $100.30 in today’s split-adjusted terms.”
“A long-term look at Apple’s performance shows some staggering results,” Russolillo reports. “As Google Inc. on Tuesday celebrated the 10-year anniversary of the day it went public, Apple’s share performance had far exceeded the Internet search giant.”
“Over the past 10 years, Apple’s stock is up 4,419% through Monday’s close (the stock traded at $2.19 on a split-adjusted basis exactly a decade ago), according to S&P Dow Jones Indices. That makes it the fourth-best performer in the S&P 500 over the past decade. By comparison, Google is up 1,294% over that time frame,” Russolillo reports. “As of Monday, a $10,000 investment in Apple 10 years ago would be worth $456,347.03 today.”
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