Apple Inc. is one of the most recognizable, successful, and valuable companies in the world. Since its humble beginnings in 1976, the company has grown and expanded its product lines, and its stock has seen tremendous success. Investing in Apple stock can be a great way to diversify your portfolio, but it's important to understand how Apple's stock has performed in the past to make informed decisions about the future. In this article, we'll take a look at the history of Apple's stock price, from its highs to its lows, and offer some insight into what the future may hold.
Apple Stock Price 1980s
Apple's stock began trading in 1980, when the company first went public. In the early days, the stock price was fairly volatile, ranging between $2 and $4 per share. By the end of the decade, however, the company's stock had increased significantly, with a high of $29 in 1989. This growth was mainly due to the success of the Macintosh computer line, which helped Apple establish itself as a leader in the personal computer market.
Apple Stock Price 1990s
The 1990s were a difficult decade for Apple, as the company struggled to compete with the Windows-based PCs that were dominating the market. As a result, Apple's stock price declined, hitting a low of $3 per share in 1997. However, Apple's fortunes began to turn around in the late 1990s, as the company released more successful products like the iMac, and the stock price began to recover. By the end of the decade, the stock had reached a high of $45 per share.
Apple Stock Price 2000s
The 2000s were a period of immense growth and success for Apple. The company released the iPod in 2001 and followed it up with the hugely successful iPhone in 2007. These products helped Apple's stock skyrocket to new heights, with a high of $202 per share in 2007. Apple continued to innovate and release new products, including the iPad in 2010, and the stock price rose to an all-time high of $705 in 2012.
Apple Stock Price 2010s
The 2010s saw Apple's stock price remain relatively high, although there were some fluctuations. The stock price dropped to a low of $85 in 2016, but it quickly recovered, reaching a high of $233 per share in 2018. Apple continued to release new products, such as the Apple Watch and AirPods, which helped to drive the stock price higher.
Apple Stock Price 2020s
The 2020s have been a difficult period for Apple due to the COVID-19 pandemic, which has caused a global economic slowdown. As a result, Apple's stock price has dropped from its peak of $233 to a low of $90 in 2020. Despite this, the company has continued to innovate, release new products, and increase its market share. It remains to be seen how Apple's stock will fare in the coming years, but the company's resilient history could be a good sign for investors.
Conclusion
Apple's stock price has seen its fair share of highs and lows over the years, but the company has consistently been one of the most successful and valuable tech companies in the world. Whether you're an investor looking to diversify their portfolio or someone just curious about Apple's stock, it's important to understand the company's history and where it's headed in the future.