Apple has a large user base in the market with products ranging from the iPhone to the MacBook. It is also one of the favorite companies of the financial world. So how much money would you have made if you had bought Apple shares since the first iPhone model announced by Steve Jobs in 2007?
17k dollars of Apple shares could have made you a millionaire
A new study has revealed just how valuable an investment in Apple stock can be. According to Sumit Behal, a financial researcher, if you had bought as much Apple stock as the selling price of each new iPhone model since 2007, you could have made $367 million.
Apple launched the first iPhone in 2007 for $600. At the time, an Apple share was hovering around $3. This means that an investor could buy more than 200 shares. If you did this for more than 15 years, you would have more than 2 million shares.
According to the leak, it looks like Apple could bring a 16x zoom camera to the iPhone 5 Pro and Pro Max next year.
In 15 years, Apple shares have appreciated considerably and are now priced around 170 dollars. The cost of 15 different iPhone models would have been around 17 thousand dollars. However, you would have earned 367 million as the shares took flight.
Of course, it should be noted that this research is just numbers and does not take into account the dollar’s own inflation. In other words, it is known that the $600 iPhone in 2007 is equivalent to $800 with today’s dollar inflation.
This calculation revealed how much giant technology companies like Apple can earn in the long run.
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Note: This news is not investment advice. We recommend that you seek advice from experts when making financial investments.
