Apple Stock History, Everything you need to know | North Loop Official Blog
North Loop Logo
North Loop
21 Oct 2020

Apple Stock History, Everything you need to know

thumbnail for Apple Stock History, Everything you need to know
Credit: North Loop

Apple- Background and Overview

Apple Inc is one of the largest American Multinational companies headquartered in Cupertino, California. In the consumer electronics space, Apple is the undisputed market leader and offers a wide range of products and services. The company’s hardware products include iPhones, iPads, MacBooks, AirPods, iMacs, HomePods, etc and it’s software products include iOS, macOS, watchOS, etc. Apple’s streaming-based services include iTunes, Apple TV+ and Apple Music, and its cloud-based service called iCloud is popular among the masses.

Apple was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne and initially sold personal computers back in the day. After Apple saw good growth selling personal computers, Apple went public around 1980 and raised enough money to research, develop and sell revolutionary personal computers such as the Macintosh. After a lot of internal restructuring and innovative product focus, Apple Computer Inc., now Apple Inc. launched the iPhone in 2007 under the then CEO Steve Jobs and saw no stopping ever since.
Apple has since launched a wide range of products and services that have bolstered its unshakable growth and Apple now is one of the only few companies that have a trillion-dollar net worth, making it one of the most valuable publicly traded companies in the world. Apple has over 120,000 employees and has its presence around the world.

AAPL stock NASDAQ-

Apple, which announced a stock split during the second half of the year, saw a massive number of investors buying the shares due to its affordability and long term growth perspective and this is one of the main reasons that can be attributed to its 50%+ growth since the start of the year.
Apple had a strong performance in its June-ending quarter, with revenue up 11% to $59.7 billion, earnings per share of $2.58, and iPhone revenue up 1.66% to $26.4 billion (18% higher than anticipated). As of 2019, Apple smartphones account for 20% of the global smartphone market and iPhones translate to over 40% of the total sales. The introduction of 5G enabled iPhone 12 models should attribute to more sales than ever before. Apple’s product diversification into the wearable devices segment as well as other segments like Apple Care attribute to a large number of sales too, helping Apple reach new heights.

Apple is one of the only companies that fall under the FAANG stocks bracket, a category of some of the biggest and best-performing technology company stocks that are sought after by safe investors. With its recent $2 trillion valuation, Apple Stocks are favored by unhurried investors looking to ride the wave of success of the company.At the time of writing the article, the stock price today of Apple stock NASDAQ- is 117.55.
Apple went public in 1980, selling shares during its IPO at a price of $22 per share. An investment of $1000 during Apple’s IPO would be worth over $430,000 as of 2020.

AAPL premarket trade price- Apple opened its premarket with a price of $116.60 at the time of writing this article, seeing a minor volatility in price thereafter.

Apple stock history-

Apple stock history, from the perspective of Year-To-Date statistics, has actually performed well despite the onset of the pandemic with the price going up from $75.09 to $117.47, increasing by over 50%. Over the past 5 years, however, the stock prices have significantly increased from $29 in 2015 to $117 in 2020, seeing a multifold growth of over 300%.

Stock split history- Apple Inc has a stock split history of 5 splits so far, in 1987, 2000, 2005, 2014, and once in 2020. The former 3 splits were 2-for-1 stock splits, while the 2014 one was a 7-for-1 stock split, and the 2020 one was a 4-for-1 stock split.

How to Invest in Apple Stocks-

With a stock futures forecast (1-year average price target) of $150, Apple stocks are a popular blue-chip stock investment choice for laid-back investors. With that, it brings us to the next question- How to invest in Apple Stocks?
Apple stocks can be bought from any online stockbroker. It would just require investors to open a trading account with a broker, load funds in the account, and buy shares of your choice.

Buy Apple stock directly

You can buy Apple stock directly from North Loop, which provides an option to purchase over 3000 more stocks apart from Apple. You can buy fractional shares starting from just $1 and make the most of the commission-free stock investing platform with the convenience to invest in the US stock market in 5 mins. Sign up and start investing now!

Save money with

No-fee banking, investments, remittances & insurance for the global Indian

This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended be advice. You must obtain professional advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax, investment or other professional advice from North Loop or its affiliates. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. All opinions expressed do not reflect the views of North Loop nor are endorsed by North Loop.