Did you invest in Apple?

KarmaDude May 9, 2007 3 Comments

If you are an Apple fanboy, and have been regularly buying Apple products since 2004, but never invested in Apple, then this is probably what you missed out on:

Aug 06th, 2004: Bought 1000 stocks of Apple at $14.89 per stock
Total investment: $14,890

Feb 25th, 2006: Apple announces a two-for-one split. You now have 2000 stocks of Apple at $44.5
Balance: $89,000
Gain: ~497%

Jan 13th, 2006: Sold 2000 stocks of Apple at $85.59 per stock
Balance: $171,180
Gain: ~1050%

Jul 14th, 2006: Bought 3378 stocks of Apple at $50.67
Balance: $171,180

May 09th, 2007: Sold 3378 stocks of Apple at $106.24
Balance: $358,878
Gain: ~2310%

So if you had done some simple investing in Apple; in less than three years, you would have made ~$343,988, an astounding 2310% gain! from an initial invest of $14,890. So, next time you buy an Apple product, think about maybe investing in Apple too.

Update May 30, 2007: Since this article was written apple stock has gone up 11.53%, closing today at $118.49. With release of the iPhone around the corner, get ready for the ride!

3 Comments

Add your own

Counterjumper » Blo&hellip
Jul 3, 2007 | 9:08 am
[…] Related: Did you invest in Apple? […]
Counterjumper » Blo&hellip
Jul 20, 2007 | 12:38 pm
[…] Did you invest in Apple? […]
Counterjumper » Blo&hellip
Oct 5, 2007 | 10:30 am
[…] in May if you had read my, “Did you invest in Apple?” post and bought some Apple stock at $106.24, then today you would have been enjoying a sick […]