Apple (NASDAQ:AAPL) has outperformed the market over the past 10 years by 10.35% on an annualized basis producing an average annual return of 22.63%. Currently, Apple has a market capitalization of $2.73 trillion.
Buying $1000 In AAPL: If an investor had bought $1000 of AAPL stock 10 years ago, it would be worth $7,676.24 today based on a price of $167.12 for AAPL at the time of writing.
Apple's Performance Over Last 10 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
