"Apple's 2011 Investment: How $2,000 Grew Over Time"

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Source: The Motley Fool
"Apple's 2011 Investment: How $2,000 Grew Over Time"
Photo: The Motley Fool
TL;DR

If you had invested $2,000 in Apple on the day Tim Cook took over as CEO in 2011, your investment would have grown to $137,200 by fiscal 2011 and to $2.03 million after including reinvested dividends under Cook's leadership. Despite initial doubts, Apple continued to thrive under Cook, with its revenue growing at a CAGR of 11% to $383.3 billion by fiscal 2023. The company expanded its services business and still has room to grow, making it an attractive investment option for the long term.

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