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May 06, 2016

Apple Inc

Is Apple Inc down and out? If you only read the responses to their latest earnings report then you'd be excused for thinking they were.

Check this out - the stock price for Apple Inc at the close of business Friday May 4, 2001 was $1.84. The price on May 4 2016 was $94.19. 

10,000 shares bought at 1.84 = $18,400
10,000 shares sold at 94.19 = $941,900

That's a capital gain of $923,500. I think you'll agree, a pretty nice return.

Naysayers can be found everywhere. They're often wrong. Apple was thought to have peaked in 2012. Their price then was $80.75.

Now I'm not guaranteeing staggering returns like these. But pick a good company and by sticking with it, you can do a lot better than with real estate or any other form of investment for that matter.

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