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But if you use the highest closing that quarter as a conservative estimate, it means that you would have paid $27.06 per share for Apple. On Mar. 4, 2024, Apple shares closed at $175.10.
As of closing on March 11, 2024, a $499 investment (at 135 shares) in Apple stock — the purchase price of the original 4GB iPhone — was worth $172.75 x 135 shares = $23,321.25.
Apple currently has about 15.82 billion shares outstanding, so 15.82 billion times the stock price of $159.16 as of March 21 equals about $2.52 trillion. Market cap does have its drawbacks as an ...
Apple stock trades at a forward price-to-earnings (P/E) ratio of 30 based on fiscal 2025 analyst estimates. Before the COVID-19 pandemic, the stock generally traded at a much lower P/E, sometimes ...
As of this writing, Apple shares trade at a price-to-earnings (P/E) ratio of 34.4. That represents a 22% premium to the trailing-five-year multiple. That represents a 22% premium to the trailing ...
This was propelled more recently by a stock price that has soared 62% in ... During the second quarter of 2024 (ended March 30), iPhone sales represented 51% of the company's total sales ...