Invest in Apple Stock or Spend on iPhone?

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Invest in Apple? Or Buy iPhone?

When Steve Jobs launched the revolutionary iPhone in June 2007, thousands flocked outside the stores to get their hands on the new multi-touch capable smartphone. What did you do in June 2007? – did you spend as a consumer and buy an iPhone or invest in Apple and buy Apple stock?

To be honest, iPhones have changed the world, in a way. What iPhone has also done is that it has changed Apple, the company itself. The launch of the iPhone was a historic moment for the company.

Let’s See the Rise of Apple Since the Launch of The First iPhone.

Apple Stock Price Growth: From $4.36 in June 2007 to $178.15 in June 2023

From $4.36 in June 2007 to $178.15 in June 2023, that is a 40.8 fold growth for Apple investors in 16 years! Phenomenal.

If a family of four decided to get iPhones at that time, they would have shelled out $599 * 4 + taxes for the 8 GB model. The total amount would be almost $2600.

If they had invested the $2600 in AAPL stock in June 2007 instead of purchasing 4 iPhones, their investment would have been worth $106,236 in June 2023.

To get the investment returns on an annualized basis, we can use the CAGR Calculator. The average return on Apple stock since the launch of the first iPhone is 26.1% per year.

You can still get started and invest in Apple now!

Check out some great resources on the Apple website for investors available here.

You can find all relevant information regarding new product launches, financials such as earnings reports & balance sheets, the breakdown of revenue by product and services, etc. The full suite of information is readily available for free to all investors.