Apple IPO anniversary: How much would a $1,000 investment be worth today?

Core Insights - Apple celebrated the 44th anniversary of its IPO, achieving a market capitalization of $3.74 trillion, close to its all-time high [1][2] - The stock price reached an all-time high of $250.42 before slightly declining to just under $248 [1][2] - Investors who purchased shares at the IPO price of $22 would have seen significant returns over the decades [2][4] Investment Growth - An initial investment of $1,000 at the IPO would have bought 45 shares, which, after five stock splits, would have increased to 10,080 shares [3][6] - Based on a recent closing price of $247.96, the value of that initial investment would now be approximately $2.5 million, specifically $2,499,436.80 [7]