How Did Apple Stock Perform Since its IPO?

Apple, the iPhone/Mac maker, became the first company to be valued $3 Trillion in the first week of 2022. Apple’s market value has been on the ascent recently. Apple became the first company to be valued $1 trillion in mid 2018 and its value increased to $2 trillion in 2020. And with in jus one and half year Apple has hit the $3 trillion mark. Next in line in terms of market value is Microsoft at about $2.5 trillion.

Here is a look at the history of Apple’s stock price and its return over the years.

Apple’s stock history since its IPO

Apple went public on December 12, 1980 at the price of $22. Since then Apple stocks have been split 5 times. After adjusting for the splits the value of Apple stock at IPO is 10 cents. The price stayed below $1 till 2004. Since 2004, when Apple’s stock price hit $1, Apple’s stock has grown to $182 as of 3rd Jan 2022.

Apple Stock Returns history since its IPO

Looking at the history of Apple stock price suggests that Apple stock’s returns are fantastic. Here is a look at the annual returns of Apple stock since it went IPO.

Apple’s returns have been great in the last 10 years. Apple’s returns are positive since 2009 except for two years 2015 and 2018. Similarly in the last 20 years since 2002, Apple stock’s returns have been on the negative side just 4 times.

Apple Stock Price and Returns Summary since its IPO

The summary table below shows the stock price at opening and the ending of each year with the annual return.