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50k in Apple on 10/11/03 worth a cool million today

bucknerd.blogspot.com — In the last 4 years, shares in Apple have gone up $160, or 2273%

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  • b4db0y, on 10/16/2007, -2/+25Only if I knew...
    • bariswheel, on 10/16/2007, -11/+3Google stock opened at 100. It's worth 637.39 today. This means if you had invested $50,000 you would have 500 stocks. That's a lot of money.

      • kingkilr, on 10/16/2007, -1/+6Not as much, thats 6.3 times, the apple one is 22.7 times greater
      • IntellEJent, on 10/15/2007, -1/+4Even though the first trade was at $100, Google opened at $85...
      • willynilly, on 10/15/2007, -1/+4Unfortunately, in their laudable efforts to do something different, they made the buy-in process such a ridiculous pain in the ass that many people didn't bother. Like I'm going to write an essay about why I should be allowed to buy Google stock, and then get a note from my mom, and blah blah blah. ***** that.
    • Flashman, on 10/18/2007, -1/+11MacAddict magazine recommended Apple shares as a great gift for a loved one. In 1997.

      Wish I'd paid attention.
    • tyywebb, on 10/16/2007, -0/+2Time to whip out that flux capacitor...
    • atrain15, on 10/16/2007, -0/+3Before I met her, my wife sold about $5000 of Apple stock to pay taxes 5 months before the iPod was released in 2001. It was around $10 a share at the time. It also split 2 for 1 in 2004. So, that $5K then would be about $165K now.

      That would have been nice to have.
    • kaplanfx, on 10/16/2007, -0/+2Seriously, think about how much Forrest Gump must be worth.
  • Rikushix, on 10/16/2007, -1/+43Wow. That really puts success into perspective.
  • airwalkery2k, on 10/16/2007, -1/+38That's actually about the week I bought my first iPod. Dang, I should have put that money in Apple stock instead. Then my $300 would be $6000 now.
  • nitsnipe, on 10/16/2007, -2/+36Some nerd who invested in Apple back then but was ridiculed by everyone, must feel now like Dave Chapelle when OJ got out of jail.
    • FknGoAway, on 10/15/2007, -3/+14I got laughed at when I got my Apple stock, I was also laughed at for buying a laptop from them. I ordered a 17" powerbook on May 24th 2003 and on the 26th decided to invest in Apple stock. They have stopped laughing now though, the laptop was flawless until it was replaced May of this year for a new MBP, and I decided to get another good chunk of Apple stock.
      • skywake, on 10/15/2007, -4/+7Good on you for making an investment back in '03 but don't get too greedy. Soon the average consumer will have the same hate for Apple that they have for Microsoft. The American dollar is worth less and less everyday, if you want some advice then I would say invest overseas.
      • Myonosken, on 10/15/2007, -0/+1Be careful man. Apple have started pissing people off a bit more recently- if you were to play it safe, at the very least, don't invest any more and watch for further signs.
        • vertinox, on 10/15/2007, -0/+1I sold my AAPL at $150 and invested in IRBT (iRobot)
  • AugustZephyr, on 10/23/2007, -1/+55FTA: "if you had decided 4 years ago to purchase Apple shares instead of a 3rd generation 40GB iPod for $499, you'd have $11,000. That is a lot of apples."
    • fkr3, on 10/16/2007, -3/+1From Real Life: Unless you're a poor schmuck on minimum wage you should have been able to buy the iPod + save that amount in those 4 years anyway.
  • tacotruck08, on 10/16/2007, -33/+10Apple is the best. They have no contest whatsoever. Long live steve jobs & CO.

    AAPL FTW
    • zapperdude60, on 10/15/2007, -2/+6you really keep an open mind don't you?
    • MeThePeople, on 10/15/2007, -1/+2so thats why the majority of cell phone/computer users are using apple products. it all makes sense now.
    • willynilly, on 10/15/2007, -4/+2This means a lot coming from a guy who can't spell "WTF". Moron.
      • MacParrot, on 10/15/2007, -0/+1I hope you're being sarcastic and not also an idiot for not knowing what "FTW" is here on digg
    • hoowahman, on 10/15/2007, -1/+1Are you what they call a FANBOY?
  • peterzuni, on 10/15/2007, -11/+4i dont want to hear about it...
    • WiseWeasel, on 10/15/2007, -2/+4Why are you in here commenting then?
  • moocow1452, on 10/16/2007, -7/+14"How's that Flux Capacitor coming along, Doc?"
  • Zap2, on 10/15/2007, -3/+1damn! 167!
  • sdcarter, on 10/15/2007, -10/+4thanks for rubbing it in... dick.
  • chrisfix, on 10/15/2007, -16/+5tacotruck, you, and everyone with your opinion, are the reason i will never buy a mac.
    • sdcarter, on 10/15/2007, -5/+3chrisfix, you, and everyone like you, are the reason why Digg switched over to this new comment style. thanks for that... dick.

      just kidding, I like the Reply feature. It makes sifting through the random bs, like your comment, a lot easier.
    • kodybryson, on 10/15/2007, -3/+9chrisfx, you should base your decision to buy a Mac on whether it will make you happy, not on the other people that own them. But if a PC (or whatever) makes you happier, then this Mac user, and ex-Microsoft employee, and ex-Windows developer, is happy for you. Some people don't express themselves that well, but they aren't trying to criticize you or your choice, they're just expressing their own happiness with theirs. If the same things don't make you happy, then just be thankful you made the choices you made, and be happy for them that they made their choices. it's win win.
  • chriskzoo, on 10/15/2007, -9/+34Actually, on 10/11/03 the price was about $11.70 (, which at $50,000 is 4274 shares, times the current price of around $160 - 683,840. Of course you're paying taxes on $633,840 of that, which will leave you with under a half million. Where they pull their $7 a share price from I don't know.
    • jennamalia, on 10/15/2007, -0/+5And the 4-year metric is a bit odd, too, since the financial industry's default standards are 1, 3, and 5-year measurements.
      (Perhaps to hide the stagnant period between OCT 02 and MAY 03?)
    • CompTech, on 10/15/2007, -1/+0Maybe he meant to say 5 years ago when the stock really was at $7.
      http://finance.google.com/finance/historical?cid=2 ...
    • WiseWeasel, on 10/16/2007, -4/+31That's leaving out the stock split. Your 4274 shares would be 8548 shares after the split...
      8548 x $160 = $1,367,680.
      • AntBing, on 10/15/2007, -1/+4You really are a wise weasel!
      • waltpsu, on 10/15/2007, -2/+10No, those charts are ALREAY adjusted for splits.

        He meant 5 years ago, when the stock (according to the chart) was about $7.25. $50,000 divided by $7.25 equals 6896 shares, which is about $1.2 million.

        Because those charts are already adjusted for splits, it makes the math much easier, but it doesn't reflect the actual numbers. 5 years ago, Apple's stock would have actually been around $14.50. You would have bought roughly 3448 shares with your $50,000. After the split, you would now have 6896 shares worth $167.25 each...or about $1.2 million.
    • ztirffritz, on 10/15/2007, -2/+0I think that he was referring to the price a few days ago when it went up to $170+.
    • Chester12, on 10/15/2007, -1/+3That should read 02, not 03. I just re-read it and I guess the author corrected it.
    • kineticarl, on 10/15/2007, -1/+3Actually, you'll only pay 15% tax on that since you held it for over a year. So you'd end up with over a half mil, if the 633K was correct.
  • felipe41194, on 10/15/2007, -3/+4so happy i dident sell when they hit $60
    THAT was considered a lot for an apple share a few years back
    not 2 mention they split right after that
    • wassim2k, on 10/15/2007, -3/+10I'm surprised that someone with your writin' skillz is smart enough to buy stocks.
      • Myonosken, on 10/15/2007, -0/+2what up wid u dawg. i investin ***** in my hoez.
      • fkr3, on 10/15/2007, -0/+1Maybe he meant his parent's stock....
      • indorock, on 10/15/2007, -0/+1You should check out the forums at yahoo finance. teeming with ingorami who allegedly have 50K or more riding on tech stocks. I guess even morons can make money off stocks, it just takes a bit of "dumb" luck.
  • ripple123, on 10/15/2007, -5/+3ARGH DAMNIT DAMNIT DAMNIT AAAA
  • JoeDiggsIt, on 10/15/2007, -1/+3sell?
  • vanarsdale, on 10/15/2007, -5/+2Should of, could of, would of. Too bad you didn't
  • JavertHolmes, on 10/15/2007, -3/+6Their P/E ratio is 47+, their PEG ratio is almost 2. What this means in plain English is that people think that the company's profits are going to grow far faster than their historical data shows.
    • JavertHolmes, on 10/15/2007, -2/+2Yes, digg me down. A P/E of 47 and a PEG of 2 is very, very healthy for a stock. Not overpriced at all. My apologies.
    • rritterson, on 10/15/2007, -1/+1Is it unreasonable to assume Apple's future profits *are* going to grow far faster than they have been?
  • bladefist, on 10/18/2007, -7/+29ya normally i hate apple fan boys, until i bought apple stock a while back, i love you idiots
    • saggygrandma, on 10/15/2007, -1/+6hahaha
    • romeosc, on 10/15/2007, -1/+2Yeah but I sold 2000 shares at $40 because I only paid $8/share thinking I was smart!...... Luckily I held onto some for retirement!
      • bladefist, on 10/15/2007, -1/+2I would have done the same. Thats a great return. Hindsight is 20/20....but that kind of return would have been scarey to risk longer. to bad to bad.
    • kineticarl, on 10/15/2007, -1/+4Apple stock is the only apple product I own...
  • pileofstraw, on 11/01/2007, -9/+2i'm the owner of Orange Inc. my stock is currently listed at 7.1$. We plan to release in the next 3 month a revolutionary mp3.1 player called the jShell. thats all you have to know for now. k thanks.
  • mpower512, on 10/15/2007, -11/+2Eh, Google's gone up 600% in less time...
    • winnch, on 10/15/2007, -1/+4Wait. Your point is that Google has gone up LESS in LESS time?
      Sorry if I'm not impressed with that statement.
  • jennamalia, on 10/15/2007, -1/+8I'm accustomed to seeing "pump and dump" stocks in my e-mail and via text messages, but on Digg? ;)

    (Remember, past performance is no guarantee of future returns, timing the market never works, the wise investor has a well-diversified portfolio, and it isn't the easiest thing in the world to maximize your tax efficiency in investments...)
  • Brutusfly, on 10/15/2007, -1/+6I bought AAPL around $7, but unfortunately didn't have $50,000 to do it with. And I sold portions over the years as it climbed. I thought long term, but not long enough. Still hard to complain. I also bought some Nintendo before the Wii came out and Nvidia before Doom 3 was released (up 200 percent every year so far). This stuff seems so obvious to a geek, the trick is getting in before the rest of Wallstreet catches on. Like candy from a baby! Do it Diggers!
    • postal21, on 10/15/2007, -1/+2Yeah, i told my friends mom to buy Nvidia stock back in like 98 or 99, her whole portfolio was basically "aol"...

      She regrets not listening to me now.
    • quanta88, on 10/15/2007, -1/+1The problem is that stock does not necessarily reflect the quality of the product. For example, on the day the iPod Touch was announced, AAPL actually went down.
      • unmarked, on 10/15/2007, -0/+3which gave folks a great opportunity to buy more stock!
  • ruley, on 10/15/2007, -4/+5bought 7 shares (im 17) and i've made about 400 bucks so far.
  • esquire360, on 10/15/2007, -5/+1stockpumper alert, if you had invested 5 million in google at ipo, you'd have a cool 50 Mill baby (after tax)
  • nizzy1115, on 10/15/2007, -7/+5their stock will not stay this way forever as its not truly representing the wealth of the company, but the consumer hype behind it.
    • winnch, on 10/15/2007, -2/+8You are buying arguably the best run company in America and one of the top global brands in history. Impressive profit, revenue, and margin growth for 6 years running. An outstanding executive team. The most valued CEO in corporate America. Innovative products, strong customer loyalty, great marketing, healthy core businesses. In these rare opportunities, it's always a good time to buy.
      There are a few companies you should ALWAYS invest in (at least as part of a healthy portfolio). Sometimes they call them blue chips. This time, they call it Apple.
  • ubergeek09, on 10/15/2007, -9/+0It's because of the ignorant Apple fanboys who have to low of a IQ to use a normal computer, becuase it's "too complicated" for them.
  • Sjfireworks, on 10/23/2007, -2/+3im investing 50k into a time machine
  • rotundo, on 10/15/2007, -1/+8So sad. I had $16K in Apple stock in 2000... at about $15/share. I loved the company, believed in the products, and wanted to hold on for the long term. A reputable financial advisor talked me out of it, convinced me I needed to be diversified, and so I sold it off that fall and went with funds. F*cking motherf*cker.

    Sometimes you just have to listen to your instincts.

    I be there are a bunch of other people here who have similarly frustrating stories.
    • NSResponder, on 10/19/2007, -3/+4Don't protect the guilty: what was that "reputable" advisor's name, and what company did he work for?

      -jcr

    • JavertHolmes, on 10/15/2007, -3/+5So sad. I had $16K in Amazon stock in 2000... at about $99 a share. I loved the company, believed in the future of selling products online (real stores are overrated and annoying, not to mention more expensive), and wanted to hold on for the long term. A reputable financial advisor tried to talk me out of it, tried to convince me I needed to be diversified, and so I told him to go jump in a lake and stuck to my stock. F*cking motherf*cker. By late 2001 the price was hovering around $10 and I got out before I lost the last $1,600 of my $16,000 investment.

      Sometimes you just have to listen to your analyst.

      I'll bet there are a bunch of other people here who have similarly frustrating stories. The above account is a fictional one.
      • rotundo, on 10/15/2007, -1/+2Almost seems insightful until one remembers that it's not actually like rolling dice. So being right or wrong about it indicates something of value.
    • willwlp, on 10/15/2007, -0/+1Your story brought a smile to my face. I've owned mine since the early '90's and have resisted constant badgering from my stock guy to sell. Just for loyalty, stupidity, belief, whatever I always resisted ---- and I have held it over his head for the last few years and particularly the last year!!!! he's a good friend and takes the heat I give him well. I've got 600+ shares now. I did however, let the SOB talk me out of buying more a few weeks ago at $128 and gave him hell about that the other day!! He still is after me to sell cause now he says its too high a percentage of my portfolio.
  • wassim2k, on 10/15/2007, -1/+15You can play the "if you would have" game all you want, but there's a reason that you didn't back then. Apple wasn't up to sh*t and was basically considered dead by many. There was no reason to buy their stock before Steve Jobs came back. You could have used Forrest Gump's guidance and got into the stock that Lieutenant Dan bought him. That would have been the same level of intelligent reasoning that any wall street type could have done. coulda, shoulda, woulda
    • unmarked, on 10/15/2007, -0/+1Not true. Claims that Apple was dead were no more so than the previous 20 years of its imminent death. Shoulda, coulda, woulda serves as a good learning tool to see if you can spot future companies with that kind of potential. Of course, Apple ain't done yet. Because it only has 3-4% of the market, that means there is HUGE room for growth in the computer market and lots of growth potential in the cell phone market.
  • Nicholas, on 10/15/2007, -2/+2Anyone done a Google computation? With the recent surge in Google shares, it might be an even better investment than Apple if you had applied that $50k on GOOG shares back then.
    • winnch, on 10/15/2007, -2/+1Do the math, you're wrong. Apple stock runs circles around Google's - and it's much cheaper per share.
    • kineticarl, on 10/15/2007, -1/+1You could have bought goog for under $120 for a few days. Now it's worth about 5.3 times as much. Not nearly as good an investment as aapl.
    • 2shae, on 10/15/2007, -0/+1Apple has also split a couple of times.
    • LeeSoong, on 10/15/2007, -0/+1"Apple Buys Google" -
      now there is a headline that would grab some attention.
  • Dolomite, on 10/15/2007, -1/+2yep, just like kevin rose predicted on TechTV! YAY diggnation!!!!!!!!!
  • planes, on 10/15/2007, -1/+16Forrest Gump must REALLY be wealthy now.
    • rickbauls, on 10/15/2007, -2/+1Looks like you're being dugg down... at least you made me lol.
    • kaplanfx, on 10/15/2007, -0/+1heh, I should have read the whole thread before I posted my comment above. Cheers to you for beating me to it (and by only 17hrs, lol)
  • winnch, on 10/15/2007, -1/+13I've read this story so many times. "Argh, if only I hadn't sold at 30!"
    "If only I hadn't sold at 50!"
    "If only I hadn't sold at 70!"
    And 80.
    And 90.
    And 100.
    And 120. 130. 140. 150. 160. 167.
    Apple is the top global brand with arguably the strongest executive team in America. Outstanding top-line revenue, profit, and margin growth. Top customer loyalty and brand trust. Innovative products, new markets, strong core businesses.
    Buy it at $167. Have some balls and hold it for five years.
  • L0g1X, on 10/15/2007, -3/+1THANKS APPLE FANBOYS! You really do have an impact in the world.
  • willynilly, on 10/15/2007, -4/+8Big ***** deal. Way to enlighten us, Captain Math. We need an article to spell this out? Why don't you pick every stock on the exchange at some random date in the past and spell out what X invested in year Y would have yielded today.

    Who gives a *****?
    • MacParrot, on 10/15/2007, -2/+2And this is why you have no money willy
  • NextGenXbox, on 10/15/2007, -1/+5Coulda woulda shoulda. No use living in the past.
    • hansk, on 10/15/2007, -0/+1if heard these stories before about stocks exploding. i though "why not me!?" then invested some cash into a company i thought would be on the up. you're better off saving it and putting it into a high yield savings account. don't get into things you arn't sure about.
  • babakshirazi, on 10/15/2007, -2/+2...and if you would have invested that money in Enron or any of the dotcom meltdowns on *****.com then you would have been *****.
    • hansk, on 10/15/2007, -0/+1i'm at work..is *****.com a good site?
  • wastern, on 10/15/2007, -1/+2I bought my first iMac that same week. I wanted Apple stock, but was in college and just didn't have the money after buying the Mac. Had I not bought the Mac and bought stock I'd have close to $40K today. I saw a future in the company, however I underestimated the power of the stock market.
  • Narrator, on 10/15/2007, -1/+4Apple is not the last stock to do this. There are always stocks that at some point in the future will be worth a lot of money. This is why predicting the future is a very lucrative business. Of course you have to be good at it to make any money :).
  • cwoolf34, on 10/15/2007, -2/+1I wish I would have kept my money in it. I nearly doubled my $300 in eight months. Is it worth buying now? I mean Apple will probably be set as long as Jobs sticks around.
  • third_eye, on 10/15/2007, -0/+1So if Kevin Rose invested his $60,000,000 in AAPL (which he obviously has shares). it'd be worth... well, a lot. Good for him. Too bad he's chasing down Baidu instead.
  • OrangeTide, on 10/15/2007, -0/+1Yea but if you look at other companies. I'm sure $50k in pre-IPO shares 4 years ago at vmware might be worth 4-5 million.
  • ronar, on 10/15/2007, -0/+1Who cares about the past in the stock market? The real question is, which stock would yield that performance in 5 years FROM NOW. There probably are plenty out there, but trying to pick one and putting all your money on it would just be gambling. Like someone else said, it's smarter in the long run to have a diversified portfolio.
  • TalkingBadger, on 10/15/2007, -0/+2Ace. I invested 50K in Enron back in 2000. That must be worth a fortune by now.
  • macwac, on 10/15/2007, -0/+1projected to end up at 200 by year end.. still $23.75 USD to make as its at 167.25. The little economic slump 2 months ago got the stock down to 113 usd.. thats 54 USD growth in 2 months.. 1/3 of its current value! And Leopard is still to be released...hmmm to buy or not to buy that is the question!
  • Hargow, on 10/15/2007, -0/+2Tch, thats nothing. You guys should have invested 50k in Taser International (NASDAQ: TASR) in October in 2002 for $0.29. If you sold at the end of 2004, you would have a cool $5.5 million. Pay attention guys, everyone's ass is going to be tased in the future, the growth is going to be phenomenal!
  • KillerLettuce, on 10/15/2007, -0/+1If only I actually had 50k to spare back in 2003.
  • alternapop, on 10/15/2007, -0/+1your average joe wouldn't/couldn't and probably shouldn't invest 50k in one stock. how many people have that kind of money to risk on one stock? everyone preaches diversification.

    i feel for any apple employees who sold stock in 03 for a down payment to buy a house. the apple stock would be work much more.
  • mollibesnering, on 10/15/2007, -0/+0Why do people always try to cheat with statistics? Why 4 years? Because this was the lowest price for years. Why not 7 years...

    http://quotes.nasdaq.com/quote.dll?page=charting&m ...
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