If You Bought 1 Share of Apple at Its IPO, Here's How Many Shares You Would Own Now
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Apple has been public for over 44 years, experiencing significant growth and challenges, including stock splits. If you bought one share at its IPO, you would now own 224 shares due to five stock splits. The initial share price was $22, but the split-adjusted price is about $0.10. Currently, Apple's stock trades at $236, reflecting substantial appreciation. The P/E ratio is around 34, indicating market expectations for growth, although recent revenue growth was only 4%.
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