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To: Swordmaker

So, if $10,000 worth of Apple stock bought 10 years ago is worth $667,159.85 today; what would $666 worth of Apple stock bought in 1970 be worth?

https://i.imgur.com/4Qol0.png


4 posted on 08/26/2016 6:38:54 PM PDT by Hodar (A man can fail many times, but he isn't a failure until he begins to blame somebody else.- Burroughs)
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To: Hodar
So, if $10,000 worth of Apple stock bought 10 years ago is worth $667,159.85 today; what would $666 worth of Apple stock bought in 1970 be worth?

1980 was the year of the IPO at $22.00. The stock has split 56-to-1 since then. So $666 would have bought 30.27 shares, which would be 1695.27 current shares worth $106.94 each or a total of $181,292.46. If I added the dividends correctly it would be $454.40 per original share for $13,754.69 more or a total of $195,047.15.

6 posted on 08/26/2016 7:23:28 PM PDT by KarlInOhio (Shut up, Bob Costas. Shut up! Shut up! Shut up! Shut up! Shut up! Shut up!)
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To: Hodar

Microsoft split many times since MS went public. MS would still have been a better buy.


8 posted on 08/26/2016 7:31:52 PM PDT by CodeToad (Islam should be banned and treated as a criminal enterprise!)
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To: Hodar
So, if $10,000 worth of Apple stock bought 10 years ago is worth $667,159.85 today; what would $666 worth of Apple stock bought in 1970 be worth?

Not a thing. Apple didn't exist until 1976. . . and the first iPO wasn't until 1980. So any stock bought in 1970 would be a fraudulent stock. ;^)

Seriously, if you had bought $666 of Apple iPO at $22 a share in 1980 and kept it until to day, it would be worth $189,840.00. The Apple1 was a better investment.

10 posted on 08/26/2016 7:53:19 PM PDT by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
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