How much money would you have if you invested 1000 in Apple 10 years ago?
And if you had given your $1,000 investment a decade to grow, you'd have about $6,665 now — up nearly 540%, according to CNBC's calculations, which also factors in the company's various stock splits over the years.
Ten years ago, at market close on March 28, 2014, Apple's stock was trading at $16.85 per share. This means that $100,000 invested in Apple in March 2014 would be worth more than $1 million today.
| Year | Median Price Prediction | Potential Low |
|---|---|---|
| 2024 | $216 | $183 |
| 2025 | $237 | $199 |
| 2026 | $298 | $271 |
| 2030 | $561 | $460 |
This means that your $1,000 10 years ago — technically, $1,002 — would have bought 60 shares of Tesla. As of Mar. 3, 2024, those 60 shares of Tesla would be worth $12,158.40. That marks a 28.342% annual rate of return.
But if you were smart enough to invest $1,000 in Apple stock at the start of the year 2000, you'd be sitting on a monster gain of 21,230%. This means that modest investment would be worth a whopping $213,000 today (as of July 27).
Its stock price today is $194.17, which is an increase of 2,515% during this period. If you had invested $1,000 in Apple stock on Jan. 27, 2010, today, you would have $26,153.
What does that look like on a brokerage statement? Check out the above chart and you'll see that if you invested $1,000 in Apple stock 20 years ago, it would today be worth almost $530,000. The same $1,000 invested in the S&P 500 would have theoretically turned into $6,186 over the same period.
Wall Street expects Tesla earnings per share of just $2.96 a share in 2024, according to FactSet. That would be a around a 5% decline vs. last year's $3.12. That was a 23% decline vs. 2022. Analyst project a solid increase in 2025 to $4.13 a share.
Indeed, Apple shares will never get back to $700, says The Economist.
The bottom line: Apple stock reaching $500 or $1,000 hinges on macroeconomic factors and the company's ability to succeed in new markets. It's impossible to say with certainty that Apple will reach $500 or $1,000 in the future.
What if I invested $1000 in S&P 500 10 years ago?
Over the past decade, you would have done even better, as the S&P 500 posted an average annual return of a whopping 12.68%. Here's how much your account balance would be now if you were invested over the past 10 years: $1,000 would grow to $3,300. $5,000 would grow to $16,498.
So, if you had invested in Netflix ten years ago, you're likely feeling pretty good about your investment today. A $1000 investment made in March 2014 would be worth $9,728.72, or a gain of 872.87%, as of March 4, 2024, according to our calculations. This return excludes dividends but includes price appreciation.
If you have $1,000 sitting around and don't need it for more important things like paying off high-interest debt, here's why Amazon (NASDAQ: AMZN), Lululemon Athletica (NASDAQ: LULU), and Hyatt Hotels (NYSE: H) are great stocks to buy.
Shazam. Founded as Shazam Entertainment Limited in 1999, Shazam is the company behind the namesake music identifier app. Apple completed its purchase of Shazam in 2018 for an estimated $400 million, with the goal of integrating the technology into iPhones and other smart devices.
Factoring in the company's five stock splits, these 454 shares would have increased to 101,696 shares, as of today. With Apple closing last week at $140.09, it means an initial $10,000 investment nearly 42 years ago would now be worth $14,246,593. Keep in mind that this figure doesn't take into account dividends paid.
If you had invested $1,000 in Apple stock on Jan. 24, 1984, today, you would have $1,593,809. Likewise, if you had invested $1,000 in an index fund replicating Nasdaq, you would have $55,090. A similar $1,000 investment in an index fund that replicates the S&P 500 would be worth $29,230.
Those gains translate to a 36.6% compound annual growth rate for Apple compared to a 7.4% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth about $5.08 million today, assuming reinvested dividends.
If you had invested $1,000 in Apple stock on Feb. 4, 1997, today, you would have $1,343,269. Likewise, if you had invested $1,000 in an index fund replicating Nasdaq, you would have $11,038. A similar $1,000 investment in an index fund that replicates the S&P 500 would be worth $6,140.
That investment would be worth $6,859,178,076.22 today based on the same price of $28,122.63 at the time of writing. While investing in Bitcoin today may never be worth billions of dollars in the future, the hypothetical investment illustrates the large increase in value of the leading cryptocurrency over time.
AAPL Analyst Recommendation Trends
In the current month, AAPL has received 50 Buy Ratings, 33 Hold Ratings, and 8 Sell Ratings. AAPL average Analyst price target in the past 3 months is $199.85.
What will Apple stock be worth in 2030?
If Apple meets analysts' expectations and grows its EPS at a modest compound annual rate of 8% from fiscal 2026 to fiscal 2030, its EPS could reach $10.50. If its valuation remained at 28 times forward earnings at that point, its stock would be trading at $294, giving it a market cap of $4.5 trillion.
Returns By Period
Apple Inc. had a return of -11.95% year-to-date (YTD) and 1.07% in the last 12 months. Over the past 10 years, Apple Inc. had an annualized return of 24.74%, outperforming the S&P 500 benchmark which had an annualized return of 10.52%.
Tesla Inc. Ark Invest, the investment firm founded by Cathie Wood that's made its name from optimistic forecasts on Tesla's shares, doubled-down on that bullish bet over the weekend. Shares in the electric vehicle (EV) maker will surge to $3,000 by 2025, according to a report on Friday.
Tesla (TSLA) stock is down more than 30% so far in 2024, but Ark Invest CEO Cathie Wood thinks "now is not the time to run for the hills." In fact, Ark has been buying the stock and thinks it could rise to $2,000 per share in the next five years, representing an increase of more than 1,000% from today's levels.
In January, Tesla reported in its fourth-quarter earnings that its teams are working "on the launch of the next-generation vehicle at Gigafactory Texas" in 2024. Tesla had previously said it would first be produced in Mexico, at its new planned factory.
