Benzinga | Jan 18, 2022 11:12AM EST

$1000 Invested In This Stock 10 Years Ago, Would Be Worth This Much

Apple (NASDAQ:AAPL) has outperformed the market over the past 10 years by 14.31% on an annualized basis.

Buying $1,000 In AAPL: 10 years ago, an investor could have purchased 65.51 shares of Apple at the time with $1,000. This investment in AAPL would have produced an average annual return of 27.62%. Currently, Apple has a market capitalization of $2.81 trillion.

Apple's Share Price Over Last 10 Years

This $1,000 investment would be worth $11,269.53 today based on a price of $171.98 for AAPL at the time of writing.

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.