Apple, pioneer of computers, technology and everything that has to do with the digital agewas founded in 1976. Steve Jobs, Steve Wonziak and Ronald Wayne they took the first steps of today’s Cupertino giant, in a garage at Jobs’s house in Los Altos, California.
However, it wasn’t until 1980 that the company became public, meaning it can be traded on the stock exchange and is capable of generating shares.
The experts of applesphere They did research on the costs of stocks back then, adjusted them for inflation, and figured out how much money you would have today if you had given the company a chance by buying just one share.
The shares cost $22 back then; 43 years ago. Based on US inflation data, that’s the equivalent of about $81.62.. Another thing that must be considered to get the account is the splits that Apple has registered throughout its history, which are five in total.
The mentioned site explains that a stock split is an adjustment in the number of outstanding shares of a company, without changing its market value. This is done by dividing the par value of each share into a specified number of new shares.
For example, if a company has 100 shares, each with a par value of $100, and performs a 2-to-1 split, each shareholder will receive 2 new shares for each share held, and the par value of each new share will be of 50 dollars.
So, since Apple has done this five times, with the asterisk that divided them into seven in 2014 and four in 2020, if you had one share in 1980, now you have 224.
The shares are not worth what we calculated, because the company, as you well know, appreciated. Now each one costs $177, which multiplied by the 224 would have a balance of $39,648.
Imagine that you had $110 at that time and you had nothing to spend it on and you bought five shares. You would now have 1,120 shares, which multiplied by cost would be about $198,240.