What would $1,000 invested in Apple 20 years ago get you now?

Apple (AAPL (opens in new tab)) stock has rebounded strongly this year after a terrible 2022, but stocks are still well below their all-time highs.

Even after a year-to-date gain of almost 19% — versus a 5.8% increase in the S&P 500 — Apple stock is still some 17% below its early 2022 record. Apple’s market cap fell to $2.45 trillion from $2.97 trillion — a loss of more than half a trillion dollars in shareholder value.

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