Apple Inc., one of the largest and most successful technology companies in the world, is a publicly traded company listed on the NASDAQ stock exchange. As such, its stock plays an important role in the overall performance and success of the company. This essay will provide an overview of Apple’s stock, including its historical trends, recent developments, and current market valuation.
Historically, Apple’s stock has been highly volatile due to its rapid growth trajectory. The company experienced significant growth during Steve Jobs’ tenure as CEO from 1997 to 2011 when it rose by more than 1,000%. In 2020 alone, Apple’s share price increased by 78%, reaching a record high in August 2020 at $137 per share. This remarkable performance was driven by strong consumer demand for both iPhones and Macbooks throughout the pandemic as well as Apple’s strategic acquisitions such as Beats Electronics and Texture Magazine.
Recent developments have further impacted Apple’s stock value. In November 2020, shares jumped 4% after news broke that the iPhone 12 had exceeded sales expectations. Additionally, in December 2020 Apple announced that it would be splitting its shares 4-for-1 which led to a rise in share prices as investors anticipated greater returns from their investments over time due to increased liquidity associated with owning more shares of a company with strong fundamentals such as Apple’s.
At present time (February 2021), Apple is valued at around $132 per share significantly higher than where it began trading at $22 per share back in 1980 when it first went public on NASDAQ – making it one of the most valuable stocks on Wall Street today with a market capitalization close to two trillion dollars! Investors continue to view this tech giant favorably despite some concerns over slowing revenue growth due to maturing markets and rising competition from other tech giants like Amazon and Microsoft.
Overall, there are many factors that contribute to fluctuations in the price of any given stock but investing in companies like Apple Inc. whose products are widely adopted across different demographics can be viewed as relatively safe bets for long-term investors looking for steady returns over time despite short-term volatility seen day-to-day or even month-to-month!