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The shares didn't cost 10c, whatever costs 150$ would´ve cost 10c in 1980 split-adjusted. So if you bought 1 share for 10$ in 1980 (as an example), today you w
by ant6n 5y ago
The shares didn't cost 10c, whatever costs 150$ would´ve cost 10c in 1980 split-adjusted.
So if you bought 1 share for 10$ in 1980 (as an example), today you would have 100 shares at 150$.
I invite you to go find the actual prices of the stock back then, and track down all the stock splits. But it´s not helpful for the point that "aapl" appreciated in value about 1500-fold over the last 40 years.