Apple Inc. Common Stock: Performance Benchmark and IPO Stock

In the world of technology, few companies have left an indelible mark like Apple Inc. The tech giant's common stock, often referred to as AAPL, has been a cornerstone of the stock market for decades. This article delves into the performance benchmark of Apple Inc. common stock and its journey as an IPO stock.

Understanding Apple Inc. Common Stock

Apple Inc. common stock, or AAPL, is a publicly traded company on the NASDAQ exchange. It represents ownership in the company and comes with voting rights. Since its inception, AAPL has been a beacon of innovation and has revolutionized various industries, from consumer electronics to software development.

Performance Benchmark

Apple Inc. common stock has been a solid performer over the years. Its performance can be attributed to several factors, including its strong brand, innovative products, and robust financials. Let's take a look at some key performance indicators:

• Revenue Growth: Over the past decade, Apple has seen consistent revenue growth, with annual revenue soaring from 156 billion in 2010 to 274 billion in 2020.
• Profitability: The company has maintained high profitability, with net income increasing from 21 billion in 2010 to 59 billion in 2020.
• Dividends: Apple has been paying dividends to its shareholders since 2012, with a dividend yield that has grown over the years.

IPO Stock

Apple Inc. went public in 1980, making it one of the first technology companies to do so. The initial public offering (IPO) was a significant event, as it marked the beginning of Apple's journey as a publicly traded company. The IPO price was set at $22 per share, and since then, the stock has seen incredible growth.

• Initial Public Offering (IPO): In 1980, Apple's IPO price was 22 per share, and the company raised 18.4 million.
• Stock Split: Apple has implemented four stock splits since its IPO, with the most recent split occurring in 2020, reducing the share price from 207.05 to 102.50.

Case Study: iPhone Launch

One of the most significant events in Apple's history was the launch of the iPhone in 2007. The iPhone revolutionized the smartphone industry and has been a major driver of Apple's stock performance. Since the launch, Apple has sold over a billion iPhones, and the stock has seen a remarkable rise.

• iPhone Sales: In 2020, Apple sold 209 million iPhones, generating $192 billion in revenue.
• Stock Performance: The stock has seen a significant rise since the iPhone launch, with the share price increasing from 22 in 1980 to over 130 in 2021.

In conclusion, Apple Inc. common stock, or AAPL, has been a solid performer over the years. Its strong brand, innovative products, and robust financials have contributed to its impressive performance. As an IPO stock, Apple has seen incredible growth since its inception, and it continues to be a leader in the technology industry.