Price Apple Stock History: A Journey of Four Decades

Apple's Stock Performance: A Timeline

1980-1997: The Early Years

Apple went public in 1980 at an initial public offering (IPO) price of $22 per share. The stock rose steadily over the next few years, reaching a high of $64 in 1987. However, the stock market crash of 1987 sent Apple's stock plummeting, and it did not recover to its previous highs until 1997.

1998-2007: The Steve Jobs Era

When Steve Jobs returned to Apple in 1997, the company was on the brink of bankruptcy. He quickly implemented a turnaround plan that focused on innovative products and a strong marketing strategy. The launch of the iMac in 1998 and the iPod in 2001 helped to revive Apple's fortunes, and the stock began to rise again.

In 2007, Apple launched the iPhone, which became a huge success and helped to propel the stock to new highs. By the end of 2007, Apple's stock was trading at over $200 per share.

2008-2019: The Post-Steve Jobs Era

After Steve Jobs died in 2011, Apple's stock continued to rise, reaching a high of $135 in 2012. However, the stock has since fluctuated, and it is currently trading at around $120 per share.

Table 1: Apple Stock Price Milestones

Factors Affecting Apple's Stock Price

There are a number of factors that can affect Apple's stock price, including:

• Product launches: Apple is known for its innovative products, and the launch of a new product can often boost the stock price. For example, the launch of the iPhone in 2007 helped to propel the stock to new highs.
• Financial performance: Apple is a very profitable company, and strong financial performance can often lead to an increase in the stock price. For example, in 2012, Apple reported record profits, and the stock price rose to a high of $135 per share.
• Economic conditions: Economic conditions can also affect Apple's stock price. When the economy is strong, consumers are more likely to spend money on Apple's products, which can lead to an increase in the stock price. Conversely, when the economy is weak, consumers are less likely to spend money on Apple's products, which can lead to a decrease in the stock price.
• Competition: Apple faces competition from a number of other companies, including Samsung, Google, and Microsoft. Competition can affect Apple's stock price, as investors may be concerned about Apple's ability to maintain its market share.

Apple's Stock: Pros and Cons

There are a number of pros and cons to investing in Apple's stock.

Pros:

• Strong brand: Apple is one of the most recognizable brands in the world. This strong brand gives Apple a competitive advantage, as consumers are more likely to buy products from a company they know and trust.
• Innovative products: Apple is known for its innovative products. The company has a history of developing new products that are popular with consumers, which can lead to an increase in the stock price.
• Strong financial performance: Apple is a very profitable company. In 2022, the company reported revenue of $365 billion and net income of $94 billion. This strong financial performance can lead to an increase in the stock price.

Cons:

• Competition: Apple faces competition from a number of other companies, including Samsung, Google, and Microsoft. Competition can affect Apple's stock price, as investors may be concerned about Apple's ability to maintain its market share.
• Economic conditions: Economic conditions can also affect Apple's stock price. When the economy is strong, consumers are more likely to spend money on Apple's products, which can lead to an increase in the stock price. Conversely, when the economy is weak, consumers are less likely to spend money on Apple's products, which can lead to a decrease in the stock price.
• Valuation: Apple's stock is currently trading at a high valuation. This means that investors are paying a premium for Apple's stock, which could lead to a decrease in the stock price if Apple's financial performance does not meet expectations.

Table 2: Apple Stock Price by Year

Table 3: Apple Stock Price by Month

Conclusion

Apple's stock has had a remarkable journey over the past four decades. The stock has risen from an IPO price of $22 in 1980 to over $120 per share today. This growth has been driven by a number of factors, including innovative products, strong financial performance, and a strong brand. While there are some risks associated with investing in Apple's stock, the company's long track record of success makes it a attractive investment for many investors.

Additional Resources

• Apple Investor Relations
• Yahoo! Finance: Apple Stock Price
• Google Finance: Apple Stock Price