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Technology Stocks : Apple Inc.
AAPL 269.73+0.3%3:59 PM EDT
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To: Stock Puppy who wrote (213069)12/16/2024 3:05:01 PM
From: Heywood401 Recommendation

Recommended By
OldAIMGuy

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Yes, 256 is 2^8, but that number as a stock price doesn't relate to a meaningful benchmark number, other than 1, does it?

When was the stock price 1?

Since I bought a bunch in 1998, AAPL has split 2X, 2X, 7X and 4X, for a total of 112X.

That just means I have 112X the number of shares I originally bought.

Independent of the 112X number of shares I now have, at today's $250 trading price, the dollar value of my AAPL investment is currently up by a factor of 965X.
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