Over the previous 15 years, Apple (NASDAQ:AAPL) has outperformed the market by 16.59% on an annualized basis, generating an average annual return of 23.61%.
Apple's market value as of right now is $2.41 trillion.
Investing $1000 In AAPL: If a shareholder had invested $1000 in AAPL stock 15 years ago, their investment would be worth $24,348.40 now, based on the firm's current price of $151.29.
Finally, what is the purpose of this?
The most important lesson to learn from this is how much compounded returns can affect your cash growth over time.
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