How much you’d have today if you invested $1,000 in Apple when Macintosh introduced
- Apple launched the Macintosh 40 years ago, following the iconic “1984” Super Bowl ad
- The Mac would set the tone for the future of Apple and the wider PC industry forever
- If you’d invested $1,000 in the company 40 years ago, this is how much your investment would be worth today
Published on Jan 26, 2024 at 3:23 PM (UTC+4)
by Adam Gray
Last updated on Feb 01, 2024 at 2:14 PM (UTC+4)
Edited by
Alessandro Renesis
The iconic Macintosh turned 40 earlier this week.
Having launched on January 24, 1984, the Mac would set the tone for the future of Apple and the wider PC industry forever.
Hypothetically speaking – how much would you have today if you’d invested $1,000 in Apple when Macintosh was introduced?
READ MORE! Steve Jobs sold his Volkswagen Bus for $1,300 so he could create the first Apple Computer
Apple’s stock, adjusted for stock splits and other corporate actions, was $0.121652 on January 24, 1984.
Fast forward to today, and its stock price is $193.89 – an increase of 159,281 percent.
So if you’d invested $1,000 in Apple stock on January 24, 1984, today you’d have $1,593,809.
When it was released, Macintosh caught people’s fancy.
Despite the hefty price tag of $2,495 – $7,500 in today’s terms – Apple managed to sell more than 70,000 units in the first four months.
Up until that point, the Apple Lisa division was the biggest contributor to the company’s success, but Macintosh’s success changed that and the future of computers.
And the rest, as they say, is history.
Over the years Apple has scaled several high, launching multiple industry-defining products like the iPod, iPhone, iPad, Apple Watch, and even AirPods.
And at the heart of all these products is a piece of silicon – a chipset that tells the device what needs to be done and how.
The company’s first chipset was designed in 2010 – nearly 34 years after Apple was born.
Having kicked things off with the iPad, Apple silicon powers every product in the company’s portfolio.
Might we see silicon in the Apple car when it arrives? Who knows.
What we do know, though, is Apple’s not resting on its laurels.
It’s looking beyond the iPhone with its $3,500 Vision Pro headset which, according to analyst Ming Chi-Kuo, is off to a good start.
At the present time, Apple is the largest company in the world by market capitalization, at $3.017 trillion.
And, according to Wedbush’s Dan Ives, the iPhone maker could touch $4 trillion market capitalization by the end of the year.
Adam Gray
Adam Gray is an experienced motoring journalist and content creator based in the United Kingdom. Using his media accreditation with manufacturers’ press offices, Adam test drives the latest cars and attends new vehicle press launches, producing written reviews and news pieces for supercarblondie.com. Before joining the Supercar Blondie team, Adam was Motoring Editor for Portfolio North magazine, North East Motoring Editor at Reach plc, and provided motoring content on a freelance basis to several lifestyle and business publications in the North of England. When he’s not behind the wheel of the latest car, Adam can be found at his local rink playing ice hockey or supporting his beloved Middlesbrough FC.
