What if you bought apple stock 10 years ago? Here's what $10,000 would be worth today
India, Aug. 9 -- Apple has created huge wealth for long-term investors. Apple is now worth about $4.54 trillion, after gaining roughly 51% in the past year. That increase added more than $1.5 trillion to the company's market value.
Apple was a much smaller company 10 years ago. In August 2016, Apple was worth about $580 billion. That means the value Apple added in just the past year is more than 2.5 times the company's entire market value a decade ago, according to The Motley Fool.
A $10,000 investment in Apple in August 2016 would be worth about $126,000 today. Apple shares traded at around $27 in August 2016, after adjusting for the company's 2020 stock split. The stock is now around $311, an increase of about 11.5 times.
The stock p...
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