2 ms·
> Imagine if you had money to invest back then, throw it into Apple and let it ride. In 2005, AAPL was (split-adjusted?) in the $1-2 range. In 2006 it peaked a
by throw0101a 5y ago
> Imagine if you had money to invest back then, throw it into Apple and let it ride.
In 2005, AAPL was (split-adjusted?) in the $1-2 range. In 2006 it peaked at $2.60 and went down to $1.60 (split-adjust) before recovering:
* https://www.macrotrends.net/stocks/charts/AAPL/apple/stock-price-history https://www.macrotrends.net/stocks/charts/AAPL/apple/stock-p...
Plenty of people had money to invest, but to think that Apple would become as huge as it is now would be quite the act of faith in its vision IMHO. Especially since this was just a few years after the Dot-com bubble (AMZN being down 90% off its high at one point).
It's very hard to predict the future:
> When asked whether Domino’s Pizza or Google had a higher return for investors since their 2004 IPOs, most people would likely say the tech giant with the world’s most visited website.
> But Domino’s, including its dividends, would have netted you a higher return.
> If you had invested $1,000 in Domino’s when it went public on July 13, 2004, that investment would be worth more than $56,000 as of last Thursday, according to CNBC calculations. Its share price on Tuesday was hovering around $374.
> As for Google, a $1,000 investment made at IPO, on Aug. 19, 2004, would be worth more than $35,000 as of last Thursday. Its current share price was hovering around $1,426.
[…]
> Following this brand revamp [in 2009], Domino’s saw its stock gain more than 2,000% from 2010 to 2017. It also outperformed big-name companies during that period, including Amazon, Apple and Netflix.
* https://www.cnbc.com/2020/02/25/dominos-stock-yields-higher-returns-than-google-since-ipos.html https://www.cnbc.com/2020/02/25/dominos-stock-yields-higher-...
Not sure how things where things have gone, post-pandemic, since the article was published.