$1,000 invested in Apple ten years ago is now worth over $7,000

$1,000 invested in Apple ten years ago is now worth over $7,000
Let's say you had $1,000 in spare change to invest ten years ago. And suppose you had the ability to think ahead and see that Apple's ground breaking iPhone would mature into the firm's top selling product, and be at the vanguard of a smartphone revolution that has changed the world. So you sunk the entire one grand into shares of Apple. Cable channel CNBC computed that your $1,000 investment in Apple would be worth $7,111 today, assuming that you reinvested the dividends.

Would you have been able to stay invested in Apple considering all of the rumors about the iPhone that appear every few weeks? Both Warren Buffet and former hedge fund manager Jim Cramer have both argued that investors worry too much about quarterly sales of the iPhone. Cramer, who has been a CNBC talking head for years, says that Buffet tells him "how every kid he knows has [an iPhone] and they would never use anything else. That's good enough for him."

Buffet, who bought an additional 75 million Apple shares during the first quarter, confirmed in a CNBC interview that he added more Apple to his investment vehicle's portfolio after the end of last year. Part of that interview can be seen by tapping on the video at the top of this story. He know controls 240.3 million shares of Apple, believed to make up 25% of his portfolio.


Keep in mind that Apple's performance over the last decade is not typical. Still, many of the companies in the wireless industry have done quite well including Google, which Buffet admits that he missed and should have invested in years ago instead of IBM. During Friday's stockholder meeting for Buffet's Berkshire Hathaway holding company, the Oracle of Omaha said that besides Apple, other tech companies he likes include Amazon, Microsoft, Google parent Alphabet and Facebook. He praised their business models, noting that they no longer need additional funding to run.

source: CNBC

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24 Comments

1. someguy2261

Posts: 253; Member since: Feb 12, 2016

So what? if you would have invested 1000$ in bitcoin 5 years ago you would have had 1000000$. So phone arena is now into investing. ? What if you put 1000 into samsung 10x your money . Facebook 3 years ago would give 10x your money. What are you the new Bussines Insider.

4. NateDiaz

Posts: 1084; Member since: Mar 03, 2018

You didn't know s**t about bitcoin 5 years back.

7. someguy2261

Posts: 253; Member since: Feb 12, 2016

I actually did

17. NateDiaz

Posts: 1084; Member since: Mar 03, 2018

You did? Where's your $1000000?

19. M.O.A.B

Posts: 318; Member since: Feb 13, 2015

not necessarily, a friend of mine was digging and learning intensively about bitcoin since ever it became a thing, he spent endless hours reading tons of threads on a bitcoin forum ( i don't remember what was its name exactly but it was the only forum regarding bitcoin) yet he couldn't spend in bitcoin mining because he didn't have the cash at that time and investing in bitcoin still wasn't a thing back then, in other words he made $0 out of bitcoin despite the tons of knowledge he gained in cryptocurrency, now he is regretting every penny he didnt save for mining :/

13. Back_from_beyond

Posts: 1377; Member since: Sep 04, 2015

You clearly didn't... I actually regret not doing some mining back in those days, had a good PC setup for it running BOINC all day for cancer research.

9. apple-rulz

Posts: 2026; Member since: Dec 27, 2016

You should take some of the money you’ve earned investing and learn that the word is spelled “business”, not “bussines”.

21. someguy2261

Posts: 253; Member since: Feb 12, 2016

Oh oh I think I pissed of the grammar police ( people that don't have any come back , so they check your spelling). I heard they wanted to impeach Trump for spelling error in tweet . I'm sorry in my defense ,English is not my first language. It's one of three languages the I speak and write in fluently. So I'm still much better then the loser that wrote that comment. Lol.

23. apple-rulz

Posts: 2026; Member since: Dec 27, 2016

From the amount of errors you continue to make, you really shouldn’t brag that English is one of the languages you speak and write fluently, since your writing actually proves contrary.

24. bur60

Posts: 981; Member since: Jul 07, 2014

I don't see why writing without any errors is a pre for being fluent in a language. I too make lots of mistakes because English is the 3rd language I can speak and write fluently (as in, I can speak, write and understand everything as good as others having it as their main language). Yet, I make a few grammar or structural mistakes, because it's very difficult to master every rule of 3 very different languages.

16. AbhiD

Posts: 723; Member since: Apr 06, 2012

Crypto currencies are a farce. They will die soon. Every country around the world is either regulating crypto currencies (deathblow to them, as it's against the very nature of crptos to be free of Govt interference) Or some are outright banning them, declaring them invalid. Did you people really think governments around the world would sit quiet when crypto currencies go on to undermine their financial networks ? You still live in a world which is controlled by governments. They can do whatever they wish. Just have a look at how Bitcoin has crashed over and again in last few months and it will continue to until this fake Crypto Currencies(Ponzi Scheme) fad passes away.

2. sissy246

Posts: 7081; Member since: Mar 04, 2015

10 years $6,000 gain, that is not much for 10 years. Hell you're better off putting up a $ 100 a month for ten years.

5. NateDiaz

Posts: 1084; Member since: Mar 03, 2018

Sounds easy but it is not.

8. Venom

Posts: 3410; Member since: Dec 14, 2017

You're actually complaining about an extra $6K?

12. sissy246

Posts: 7081; Member since: Mar 04, 2015

No, just surprised at the gain. I really thought it would have been more.

10. apple-rulz

Posts: 2026; Member since: Dec 27, 2016

You don’t even have $6,000, you rely on social security, that’s what’s so amusing about reading your disdain in what a $1k investment in Apple would have yielded.

11. sissy246

Posts: 7081; Member since: Mar 04, 2015

LMAO you could only wish to have my bank account.

3. Jacksie66 unregistered

Yeah, and if my aunt had balls she'd be my uncle..

6. VasiliS7

Posts: 200; Member since: Jan 10, 2017

$1000 investment 10 years ego in Bitcoin... now worth the Apple Lol

14. slashas

Posts: 127; Member since: Jul 17, 2017

PA forgot about inflation these 7k worth the same 1k ten years ago :)

15. Back_from_beyond

Posts: 1377; Member since: Sep 04, 2015

But judging from the graph it looks like the stock is due to drop sharply soon.

22. mootu

Posts: 1500; Member since: Mar 16, 2017

Actually you might be correct. Hence the reason Apple set aside $100 billion for stock buyback which will keep the prices artificially high.

18. jjface

Posts: 229; Member since: Jun 07, 2017

And in 10 years time the iphone XX will be $7000!!

20. darkkjedii

Posts: 30970; Member since: Feb 05, 2011

The way Apple’s grown over the last 10 years, seems like it would be more...still righteous bucks though.

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