Apple AAPL has outperformed the market over the past 10 years by 12.61% on an annualized basis.
Buying $100 In AAPL: 10 years ago, an investor could have purchased 7.59 shares of Apple at the time with $100. This investment in AAPL would have produced an average annual return of 27.23%. Currently, Apple has a market capitalization of $2.45 trillion.
Apple's Share Price Over Last 10 Years
If you had invested $100 in Apple you would have approximately $1,299.13 today.
In other words, you would have more than 10X'd your money.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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