Has every one forgotten stock splits?
06/16/1987 2 for 1
06/21/2000 2 for 1
02/28/2005 2 for 1
06/09/2014 7 for 1
08/31/2020 4 for 1
The initial 7,692.31 shares would have
Split 1987 2 for 1 would have yielded 15,384.62 shares;
Split 2000 2 for 1 would have yielded 30,769.24 shares;
Split 2005 2 for 1 would have yielded 61,538.48 shares;
Split 2014 7 for 1 would have yielded 430,796.36 shares
Split 2020 4 for 1 would have yielded 1,723,077.44 shares
AAPL closed at 164.32 today (02/22/22). Yielding $283,136,084.94 in a down market. All of which would qualify for long term Capital Gains.
Hardly worth it ...
Amazing, if you could have put $1000 into Apple, Walmart, Microsoft each
No telling what you would have had. Throw in Amazon 22 years ago. and your buying a Yacht.
It always pays to read the full article.
Apple traded at a split-adjusted price of $0.13 on the Monday after Super Bowl XVII (Jan. 23, 1984). A $1,000 investment could have purchased 7,692.31 shares of AAPL.