Apple Stock Price Since 1984 Apple’s stock was IPO’ed on December 12, 1980 at $22/share. On a split-adjusted basis, that’s $2.75/share. Apple closed yesterday at around $378/share for an annualized return of +17.8%/year. Pretty incredible given the long period that Apple went nowhere and did nothing (after they fired Jobs until he came back). The…
Tag: AAPL
Why Value Investors Like Apple
OK, this is supposed to be a value investing blog and my first three posts are about tech stocks. Hard to believe. I don’t like technology, but if that’s where the cheap things are, that’s where I’ll look. This is just a quick note on how cheap the stock is. A quick look at Apple,…