If You Invested $10,000 in Apple Stock 30 Years Ago, Here's How Much You Would Have Today
All investors dream about finding that one stock that can catapult them into millionaire status. You can never know which stocks are going to be those rare winners, and there's certainly a bit of luck in choosing your portfolio. But some companies stand out for their business model, opportunities, or other factors.Apple (NASDAQ: AAPL) was always a company that caught attention for its innovation and user experience, and it has grown to become the most highly valued company in the world. If you invested $10,000 in Apple 30 years ago, you would have enjoyed a nice part of that story.Apple is one of the most successful tech companies on earth. It has created an ecosystem of products that users love, and once it onboards a new user, it tends to generate loyalty and higher sales. Fans typically shell out to upgrade to the newest version of a product, creating a cycle of what you could almost call recurring revenue.Continue reading
All investors dream about finding that one stock that can catapult them into millionaire status. You can never know which stocks are going to be those rare winners, and there's certainly a bit of luck in choosing your portfolio. But some companies stand out for their business model, opportunities, or other factors.
Apple (NASDAQ: AAPL) was always a company that caught attention for its innovation and user experience, and it has grown to become the most highly valued company in the world. If you invested $10,000 in Apple 30 years ago, you would have enjoyed a nice part of that story.
Apple is one of the most successful tech companies on earth. It has created an ecosystem of products that users love, and once it onboards a new user, it tends to generate loyalty and higher sales. Fans typically shell out to upgrade to the newest version of a product, creating a cycle of what you could almost call recurring revenue.
