Apple's financial performance, including its share price, relies heavily on the sales of its products. A high flier through much of its recent history, Apple stock hit new all-time highs toward the end of 2021, with a market capitalization approaching a record $3 trillion. The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company. In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.
Apple's stock has split several times since it first went public in December 1980. The first split came on June 16, 1987, on a two-for-one basis at a pre-split price of $79. The next split came on June 21, 2000, when share prices reached $111. On Feb. 28, 2005, Apple split its stock again when it hit $90. The company split its stock again on a seven-to-one basis on June 9, 2014, when share prices reached $656.
The final stock split came on Aug. 28, 2020, when it split on a four-to-one basis at a pre-split price of $499.23. Just as Apple's market capitalization hits the $3 trillion milestone, its share price as a percentage of the Nasdaq 100 index's (.NDX) value is bumping up against a key technical level. In recent prior times, the stock price has risen above such a level and then subsequently declined. From a 52-week low of $107.32, Apple's share price reached a high of $157.26 on Sept. 7. The company's market capitalization also fluctuated during this period. As of midday on Nov. 1, Apple's share price is $147.72, giving the company a current market capitalization of about $2.48 trillion.
How Much Is 10000 Shares Of Apple Worth On the first day of trading in 2022, the Silicon Valley company's shares hit an intraday record high of $182.88, putting Apple's market value just above $3 trillion. The stock ended the session up 2.5% at $182.01, with Apple's market capitalization at $2.99 trillion. As of January 2022 Apple has a market cap of $2.652 Trillion. This makes Apple the world's most valuable company by market cap according to our data.
The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to mesure how much a company is worth. Market cap does have its drawbacks as an evaluation method, however. For starters, market cap changes frequently, and it's closely tied to the company's current share price. It doesn't take into account any of the direct financial metrics of the company, such as earnings per share, growth rate or book value. Apple Inc. is a global technology company that designs, manufactures, and sells smartphones, personal computers, tablets, wearables, and accessories. Under Tim Cook, who in 2011 became chief executive following Jobs' death, Apple has sharply increased its revenue from services like video streaming and music.
That helped Apple reduce its reliance on the iPhone to about 52% of total revenue in fiscal 2021 from over 60% in 2018, pleasing investors worried the company relied too much on its top-selling product. Apple's market cap varies from moment to moment based primarily on its share price. Although an increase in outstanding shares could also increase its market cap, that type of change occurs far less frequently than a change in share price, which can occur in less than one second. By way of comparison, the price-earnings ratio, which is another popular valuation method, is also closely tied to a company's market share price. The P/E ratio also relies heavily on a company's earnings, which some investors feel is a more important determinant of a company's valuation. Before we delve into the product lines, it's important to remember a few key points about Apple's stock history.
The company's stock trades on the Nasdaq under the ticker symbol AAPL. As of January 20, 2022, Apple had a market capitalization of $2.84 trillion, closing the trading day at $164.51. Apple first sold shares to the public on Dec. 12, 1980, at $22 per share. The stock has split four times -- three times at 2-for-1, and one split at 7-for-1. This means you would have received two shares for every one share, or seven shares in that one case.
The waystock splitswork is that you receive more shares but the stock price is cut proportionally, so the value of your investment stays the same. Apple's range of Mac products is another example of wildly successful Apple products. The iMac was released in May 1998, with Apple trading in penny stock territory at $7.58. While it didn't have an immediate impact on Apple stock, Apple traded at $9.22—a mere three months later. The Cupertino-based company has a looming presence in each market—a reputation that can be attributed to the monopoly that the company seemingly has on innovation.
The iPhone is, by far, its most profitable product line, raking in $137.8 billion in sales for the 2020 fiscal year. Apple's services category is the second-highest-grossing segment ($53.8 billion), followed by its wearables, home, and accessories segment ($30.6 billion). Mac products and the iPad category rounded out the group with $28.6 billion and $23.7 billion in sales for 2020. Large companies beat collective market expectations of their earnings to positively influence their market capitalization. It's no accident that they often manipulate their earnings reports to match or beat estimates to artificially enhance their stock prices.
As a result, earnings management is highly scrutinized by the Securities and Exchange Commission . Apple is not floundering in the second post-Jobs era the way it did between 1985 and 1995. Apple stock is currently hitting new all-time highs, as the company sees strong growth from its wearables and services segments.
Its user base also continues to gradually expand around the world each year. If you had bought just one share of Apple, you would own 56 shares today after the stock splits. Those shares would be worth $14,896 at the current price of $266 per share. In fact, it would have been a smart move to sell Apple and buy shares of Microsoftin the early 1990s.
After Steve Jobs resigned from Apple in 1985, the company entered a dark period. Management during those years focused more on profits instead of making great products, as Jobs explained in the biography Steve Jobs by Walter Isaacson. Apple lost a significant amount of market share to Microsoft during that time. Despite their popularity, Apple's desktops and laptops hold a small market share of global personal computers.
As of the first quarter of 2021, its market share in the personal computer space was 15.1%. The stock market reflects all known information as stated by the efficient market hypothesis, processing and assimilating new data rapidly through the mechanism of buying and selling. The stock market is also forward-looking, which explains why a company's stock may fall, even when reported earnings improve from the previous quarter. Apple's stock history is a stellar example of how this works.
Part of Apple's growth strategy has been to purchase small tech companies that it can easily integrate into its expanding line of products. Four years after its founding, on Dec. 12, 1980, Apple went public through an initial public offering at $22.00 per share. Apple also operates internet sales portals for music, films and software. Looking at a company's business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment. The number "5 trillion" may sound a bit too large to our limited human brains that are not used to dealing with such figures.
Also, considering that Apple stock is worth around $2.8 trillion today, the near doubling of the market cap seems a bit aggressive over such a short period of time. Many companies and individuals have suffered during the coronavirus pandemic, but Apple continues to shine. The company stock split 4-1 in August 2020, and shares are near their highest price since the split. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site .
These offers do not represent all available deposit, investment, loan or credit products. On the other hand, each product had a noticeably positive effect on the stock over a longer period of time. The overarching, long-term view is the one to properly frame your investment decisions on, not day-to-day volatility. Over time, the market mechanism will identify true value in the marketplace.
Rely on the wisdom of the masses over the long term, not on the speculators that routinely come and go, thereby letting companies like Apple work for you. There have been few Apple product releases that immediately resulted in a meteoric rise in the company's stock price. Day traders are known to target Apple at the release of each of its products, but the quick riches that they seek are all too often a mirage that swiftly disappears. The release of an innovative, revenue-driving product or service is one of the few options a company has to influence its stock valuation. When Wall Street valuations are right or wrong, the reward or loss can be astronomical for investors. This is because accurately estimating the impact of an internationally distributed product on a company's earnings and the company's stock is a herculean challenge.
The technology sector is a category of stocks relating to the research, development, and/or distribution of technologically based goods and services. A $100 investment would have purchased 4.54 shares at the IPO price. After the stock splits, you would now be the lucky owner of 254 shares of Apple, which would currently have a value of $67,564.
Buffett's initial commitment to Apple surprised many given his usual aversion to companies in the technology sector, but the billionaire views Apple more as a consumer products company. Share price is just one of the variables you should consider when investing in a specific stock. Your financial situation plays a large part in determining whether or not you should invest in stocks at all — let alone invest in a specific stock like Apple.
Apple is having a great run in 2021, but the company has been a long-term success story as well. With a rabidly loyal consumer base and a wildly popular product line, Apple's business model seems poised for further growth in the future. In its simplest form, net worth is a company's assets minus its liabilities. Shareholders' equity, which likewise equals total assets minus total liabilities, is essentially a company's net worth.
Apple's total shareholders' equity as of the quarter and fiscal year ending Sept. 25 was $63.09 billion. The unit grew to $13 billion in the first quarter of 2021, representing a 30% jump from the same period of 2020. This category's direct relationship with the services segment, like the Apple Fitness correlation with the Apple Watch, is likely to be a major driver for its growth. Apple provides users a series of services that are compatible with its devices. This category is designed to help users stay entertained and connected through tablets, smartphones, and personal computers. And it is constantly evolving to keep up with the user demand.
On the first day of trading after the product's release date, the stock bounced around, eventually moving up an unimpressive five cents to $9.38. The stock increased 6.6%, closing at $10.00 per share on Nov. 19, 2001. Apple has a looming presence in each of its five markets, which include the iPhone, Mac products, the iPad, services, and its wearables, home, and accessories segment.
Dividends would have padded your investment return somewhat. Apple first paid a dividend in 1987, but financial trouble caused the company to suspend dividend payouts in 1995. After selling millions of iPods, iPhones, and iPads, and raking in billions in profits, Apple reinstated the dividend in 2012. The company currently distributes a quarterly payout of $0.77 per share. With 254 shares, you would be earning $782 every year in dividend income -- a nice return on an original investment of just $100. A woman walks past an Apple logo in front of an Apple store in Saint-Herblain near Nantes, France, September 16, 2021.
Of course, past results are not a guarantee of future performance. Apple's market cap managed to grow aggressively over the last several years because it had plenty of room to do so. Today, Apple is already the most valuable company in the world. The consensus rating from 32 of 38 analysts covering Apple stock is "buy" or "strong buy," with the rest rating Apple a "hold." The a composite price target is $169.06, according to Yahoo! Finance. If the company continues to post record revenues and profits and avoids a major misstep with its product line, its success seems likely to continue. To see how much Apple is worth, take a look at this snapshot of the company's current state, along with a discussion of the company's history, value and future outlook.
Although it fell from fourth place in 2020 to sixth on the 2021 Fortune Global 500 list, it is arguably the most well-known technology brand. In August 2020, Apple became the second company in the world to hit the $2 trillion value mark, behind Saudi Arabia's Aramco. On the first day of trading following its sale, Apple stock rose slightly, a little over a 1% increase. Companies split stocks to create new shares in order to boost liquidity.
Although the total number of shares in existence changes, splits don't alter value because the total dollar value of the shares remains the same. Apple stock has split five times since its initial public offering. Companies like Apple must beat collective market expectations of their earnings to positively influence their market capitalization.
This article breaks down Apple's product lines and how they shape the company's stock performance and position in the global market. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Investopedia does not include all offers available in the marketplace. Apple had a net income of $21.7 billion for the quarter that ended June 26, 2021, according to its most recent quarterly filing, which was released on July 28, 2021.
That's a 93.2% year-over-year increase from the same quarter in 2020. It also reported quarterly revenue of $81.4 billion, a 36.4% YOY increase, and earnings per share of $1.30, a YOY increase of 100%. The return in Apple stock doesn't sound like a lot since we're talking about one of the greatest tech companies ever. However, that's only for a relatively small investment of $100.
In percentage terms, Apple stock has compounded at 18% per year since its IPO price. That means that if you had invested $10,000 in Apple in 1980, you would have about $6.7 million. Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
"It's a fantastic accomplishment and certainly worthy to be celebrated," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. "It just shows you how far Apple has come, and how dominant it is seen as in the majority of investors' eyes." The world's most valuable company reached the milestone as investors bet that consumers will continue to shell out top dollar for iPhones, MacBooks and services such as Apple TV and Apple Music. "I'm delighted to see them repurchasing shares," Buffett told Berkshire shareholders at the conglomerate's annual meeting. Buffett made his assessment before tens of thousands of Berkshire shareholders attending the conglomerate's annual meeting on Saturday in Omaha, Nebraska. OMAHA, Neb. - Warren Buffett said he would be happy if his conglomerate Berkshire Hathaway Inc owned more than 5 percent of Apple Inc's stock, including if the iPhone maker bought back more of its shares.