Apple Achieves Milestone with 1.6 Billion Active iPhones
As of now, Apple (NASDAQ: AAPL) has 1.6 billion active iPhones in use globally. The company’s stock has gained nearly 16% this year, outperforming the S&P 500, which is up by almost 12%. Over the last decade, Apple’s stock has soared over 1,000%, translating to an impressive total return of nearly 1,200% when reinvested dividends are included.
Investors who invested $10,000 in Apple a decade ago would see their investment worth approximately $129,000 today, underlining the brand’s robust growth strategy despite inflation. Currently, Apple’s market capitalization stands at approximately $4.6 trillion.
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