$100 Invested In This Stock 15 Years Ago Would Be Worth $5,900 Today

Apple AAPL has outperformed the market over the past 15 years by 19.43% on an annualized basis producing an average annual return of 30.93%. Currently, Apple has a market capitalization of $2.99 trillion.

Buying $100 In AAPL: If an investor had bought $100 of AAPL stock 15 years ago, it would be worth $5,939.09 today based on a price of $192.49 for AAPL at the time of writing.

Apple's Performance Over Last 15 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.