Stocks

The Remarkable Growth of Apple: A 15-Year Investment Perspective

Published May 27, 2024

Investing in technology companies has often been seen as a strategy for dramatic financial gains, and few companies exemplify this success better than Apple Inc. ( AAPL ). An analysis of AAPL ’s long-term performance reveals that the multinational technology giant has not only dominated the tech market but also provided extraordinary returns to its investors. A $1000 investment in AAPL shares 15 years ago would have shown an impressive progression, thanks to the company's resounding success.

The Market Performance of Apple Inc.

Apple Inc. ( AAPL ), known for its innovative consumer electronics, sophisticated computer software, and extensive online services, has maintained a prominent position within the technology sector. Reflecting on its performance over the past 15 years, AAPL has significantly outpaced the market, delivering a commendable average annual return of 27.47%. When compared on an annualized basis, AAPL overshadows the market's performance by 15.33%.

Apple’s Market Capitalization Milestones

Such outstanding performance metrics have concurrently propelled AAPL 's market capitalization to new heights. Standing tall with a market cap of $2.91 trillion, AAPL continues to reaffirm its dominance as the world's largest technology company by revenue. In 2020, AAPL reported revenue totalling $274.5 billion and since January 2021, it has been recognized as the world's most valuable company. Moreover, AAPL ranks as the fourth-largest PC vendor in unit sales and the fourth-largest smartphone manufacturer, cementing its position among the illustrious Big Five American information technology companies, alongside Amazon, Google, Microsoft, and Facebook.

investment, Apple, growth