Apple Stock Price History Chart 2020

The second Apple stock split took place on 21 June 2000, and was also a two-for-one split. Shortly afterwards though, in September 2000, share prices were halved as many technology companies experienced a rapid decline. This was around the time the dot-com bubble burst, where many companies went out of business and others decreased in value.

Apple blamed lower-than-forecast sales, as well as a weaknesses in the education market. While Apple was affected temporarily, the company's shares made a full recovery and went on to achieve new highs. Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers.

Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California. Apple's fourth and final stock split to date happened on 9 June 2014. This was the most significant of Apple's stock splits, with a seven-to-one ratio taking shares from close to $700 down to around $100.

Apple wanted to make shares accessible to more investors, but it's also speculated that they set their sights on inclusion in the Dow Jones Industrial Average index. This index acts as a benchmark, with 30 stocks included from key economic sectors. As it's a price weighted average, Apple's stock price needed to be reduced before it was feasible for the company to be added. It was announced that Apple would join the Dow Jones in March 2015 and it has been a part of the index since March 2019.

Stock divides might not directly increase share prices, but they can often result in higher share prices further down the line. By making shares accessible to new investors, demand can increase, causing the share price to appreciate and the total market capitalisation to rise. Apple's financial performance, including its share price, relies heavily on the sales of its products. A high flier through much of its recent history, Apple stock hit new all-time highs toward the end of 2021, with a market capitalization approaching a record $3 trillion. Apple's stock closed at an all-time high price of $144.57 on Wednesday and continues to extend its gains this week, reaching a new intraday high above $145 in trading today.

The stock market gains come ahead of Apple's third quarter earnings results, which will be reported on July 27. As one of the world's most scrutinised public companies, the Apple price history has captivated investors since the technology giant debuted on the stock market in 1980. And today, the Apple stock price history chart continues to evolve as new highs are achieved. It seems unlikely that Apple will complete another stock divide in the near future. Share prices are still climbing (they are currently trading at around $186), however shares were worth close to $700 before the last split in 2014. Apple may consider another stock split if share prices continue to rise, but for now, this move probably wouldn't be in the best interests of the company.

Apple's first stock split occurred on 16 June 1987, seven years after it became a public company, and it was a two-for-one stock split. It kept share prices low enough to make them accessible to investors. There was a 2% rise in stock prices over the following year.

When looking at the value of a company's shares, it can be difficult to interpret how successful the company has been based on its stock prices following a split. Apple's current share price of around $408 doesn't look as impressive as it would have done ahead of its four stock splits. The 1990s brought on rapid advances in technology along with the introduction of the dot-com era. The markets contended with the 1990 oil price shock compounded with the effects of the early 1990s recession and a brief European situation surrounding Black Wednesday. Apple stock rose by 0.9% in trading this morning, but closed down 2.1%, at $175.74 per share.

Talk of the $3 trillion mark came as JPMorgan updated its target share price for the company from $180 to $210, citing improved expectations around demand for the iPhone 13. Apple told suppliers earlier this month demand for the new phone had weakened, but iPhone sales in China were up by more than 6% in November compared to the previous year, boosting analysts' confidence in the stock. In a note, JPMorgan analysts wrote they believed Apple's stock was undervalued, and that the company's upcoming iPhone with 5G technology has the potential to convert more than 1 billion Android users. An investor buys a share in Apple in January 2005, so they have one share worth $77.00.

After the two-for-one stock split a month later, they own two shares in Apple, but each of these shares is worth half the amount, at $38.50. If the shareholder keeps these two stocks until May 2014, they will be worth $1,266 ($633 each) as the stock price appreciates. With the fourth stock split, each of these stocks will then be split seven times, so that the shareholder owns 14 shares in Apple.

While a stock split might be carried out to encourage investment, the split in itself doesn't affect the market capitalisation of a company. Existing shareholders will own more stocks, but each of those stocks is worth less, so there is no change to the total market value of the company. For example, a $1 increase in a lower-priced stock can be negated by a $1 decrease in a much higher-priced stock, even though the lower-priced stock experienced a larger percentage change. In addition, a $1 move in the smallest component of the DJIA has the same effect as a $1 move in the largest component of the average. Moody's Daily Credit Risk Score is a 1-10 score of a company's credit risk, based on an analysis of the firm's balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow.

Updated daily, it takes into account day-to-day movements in market value compared to a company's liability structure. Apple's stock has split several times since it first went public in December 1980. The first split came on June 16, 1987, on a two-for-one basis at a pre-split price of $79.

The next split came on June 21, 2000, when share prices reached $111. On Feb. 28, 2005, Apple split its stock again when it hit $90. The company split its stock again on a seven-to-one basis on June 9, 2014, when share prices reached $656. The final stock split came on Aug. 28, 2020, when it split on a four-to-one basis at a pre-split price of $499.23.

Apple's announced a four-for-one stock split in July 2020, meaning an existing investor would receive three additional shares for each one they own. This had the effect of making single shares in the company more affordable and promoted bullish sentiment on the anticipation that the new price would encourage smaller investors to buy. Apple's third stock split took place on 28 February 2005, with the company once again allocating a two-for-one ratio. This took the number of common shares authorised from 900 million to 1.8 billion, after shares almost quadrupled in value. The company has previously split its stock four times when its shares have seen significant price increases, as highlighted in the table below.

Apple Stock Price Chart History In the first three instances, stocks were split in two when the price was near triple figures. Then, in 2014, share prices rose sharply and a higher split ratio was used. Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. The Company's products include iPhone, Mac, iPad, and Wearables, Home and Accessories. IPhone is the Company's line of smartphones based on its iOS operating system. Mac is the Company's line of personal computers based on its macOS operating system.

IPad is the Company's line of multi-purpose tablets based on its iPadOS operating system. Wearables, Home and Accessories includes AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and other Apple-branded and third-party accessories. AirPods are the Company's wireless headphones that interact with Siri.

Its services include Advertising, AppleCare, Cloud Services, Digital Content and Payment Services. Its customers are primarily in the consumer, small and mid-sized business, education, enterprise and government markets. Meanwhile, the S&P erased early gains and traded 0.1% lower dragged down by the losses in tech stocks. Also, the tech-heavy Nasdaq Composite dropped 1.6% as tech losses weighed. On the corporate front, Ford surged more than 11% after the company said will start accepting purchase orders this week for the electric F-150 Lightning pickup truck. GE jumped as much as 7% after it was upgraded to "outperform" from "neutral" at Credit Suisse.

On the other hand, Tesla fell 3.5% after increasing 13% on Monday, while Nvidia erased 4.4%. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

Apple's upcoming stock split will see investors issued with four new shares for every one they currently own. These shareholders will continue to own the same proportion of Apple stock, since the company will effectively increase the number of shares in circulation by dividing existing shares in four. The DJIA includes only 30 large companies and is a price-weighted index, unlike later stock indices which use market capitalization. Furthermore, the DJIA does not use a weighted arithmetic mean.

While Apple didn't hit the $3 trillion market cap today, its share price remains 200% percent higher than it was prior to the pandemic. The company plans to release computerized glasses featuring augmented reality technology in 2022, and is developing a virtual reality headset as well. Apple is also working on a self-driving electric vehicle that could be on the market as soon as 2025. The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company. In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

After Apple's first two-for-one stock split in June 1987, shareholders received two shares at a stock price of $41.50 each for their stock which had closed the previous day at stock price of $78.50. Companies like Apple must beat collective market expectations of their earnings to positively influence their market capitalization. It's no accident that they often manipulate their earnings reports to match or beat estimates to artificially enhance their stock prices. As a result, earnings management is highly scrutinized by the Securities and Exchange Commission .

The stock market reflects all known information as stated by the efficient market hypothesis, processing and assimilating new data rapidly through the mechanism of buying and selling. The stock market is also forward-looking, which explains why a company's stock may fall, even when reported earnings improve from the previous quarter. Apple's stock history is a stellar example of how this works. November began badly for Apple as early as the 2nd when shares fell 7% that day alone.

The drop happened soon after the company released positive earnings boasting 20% year-on-year revenue growth, or a 41% growth in earnings per share to $2.91. However, the company's forward guidance underwhelmed, with a slowdown in year-on-year growth projected. Since Apple's IPO in 1980 the company has seen its market capitalisation rise from almost $1 billion on flotation to more than $2 trillion by January 2021. Today, the Apple juggernaut remains among the largest by market capitalisation in the world, with revenues of some $275 billion as of 2020 accounts. Let's take up the share price story from 2011, when the company was rocked by the illness of its pioneering founder. An analysis of stocks based on price performance, financials, the Piotroski score and shareholding.

Find out how a company stacks up against peers and within the sector. Over the past few weeks, the market has seen a significant sell-off in many growth stocks. These sell-offs have been boosted by numerous factors, including slowing growth in company stocks, lingering concerns about inflation and tax collection. As a result, valuation multiples have shrunk, making it harder for investors to determine which stocks are worth... Apple on Monday became the first company to reach a market capitalization of $3 trillion. But with Apple stock in record high territory, many investors are wondering if AAPL stock is a buy right now.

"Clearly the average selling price trend can't continue forever," said Angelo Zino, equity analyst at CFRA. "I think the real concern out there for investors is how long can they keep this going." This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. While Apple has not given an official reason for 2020's split, it is likely that the company thinks that its high share price could deter new investors. On September 17, 2001, the first day of trading after the September 11 attacks, the Dow fell 7.1%. However, the Dow began an upward trend shortly after the attacks, and quickly regained all lost ground to close above 10,000 for the year. In 2002, the Dow dropped to a four-year low of 7286 on September 24, 2002, due to the stock market downturn of 2002 and lingering effects of the dot-com bubble.

Overall, while the NASDAQ fell roughly 75% and the S&P 500 fell roughly 50% between 2000 and 2002, the Dow only fell 27% during the same period. In 2003, the Dow held steady within the 7,000 to 9,000-point level and recovered to the 10,000 mark by year end. IPad is the Company's line of multi-purpose tablets based on its iPadOS... Looking at a company's business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment.

As of January 2022 Apple has a market cap of $2.944 Trillion. This makes Apple the world's most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to mesure how much a company is worth.

Five years later, with Apple stock price at an ever-higher $88.99, Apple issued a third two-for-one stock split. At market close on February 28, Apple's stock price was $44.88 per share. On December 12, 1980, Apple stock began trading on the Nasdaq at $22 per share. Steve Jobs, the largest shareholder, made $217 million on the first day of trading.