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The announcement affected the tablet resale market, [101] and Apple's stock price reached a record closing figure on the same day that the Dow Jones Industrial Average reached a closing figure of above 13,000 for the first time since the 2007–2008 financial crisis. [102] (Apple is not a Dow Jones component.)
Between early 2003 and 2006, the price of Apple's stock increased more than tenfold, from around $6 per share (split-adjusted) to over $80. [101] When Apple surpassed Dell's market cap in January 2006, [ 102 ] Jobs sent an email to Apple employees saying Dell's CEO Michael Dell should eat his words. [ 103 ]
On December 12, 1980, Apple went public on the NASDAQ stock exchange with the ticker symbol "AAPL", selling 4.6 million shares at $22 per share ($.10 per share when adjusting for stock splits as of November 30, 2020), [69] generating over $100 million, which was more capital than any IPO since Ford Motor Company in 1956. [70]
Apple stock trades at a forward price-to-earnings (P/E) ratio of 30 based on fiscal 2025 analyst estimates. Before the COVID-19 pandemic, the stock generally traded at a much lower P/E, sometimes ...
After several quarters of slow growth, Apple (NASDAQ: AAPL) is accelerating the top line as new iPhones launch. *Stock prices used were the afternoon prices of Nov. 2, 2024. The video was ...
If one had bought $1,000 in Apple stock when Jobs returned in February 1997 and held on until today, that position would be worth around $1.8 million. ... Apple's stock price should continue to ...
When Buffett and his team first purchased Apple stock, they saw deep value, as it traded around a price-to-earnings (P/E) ratio of merely 10.6. AAPL PE Ratio Chart AAPL PE Ratio data by YCharts
As of this writing, Apple shares trade at a price-to-earnings (P/E) ratio of 34.4. That represents a 22% premium to the trailing-five-year multiple. That represents a 22% premium to the trailing ...
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