If You Bought 1 Share of Apple at Its IPO, Here's How Many Shares You Would Own Now

In 1980, Apple Computer, Inc. (now Apple Inc.) went public with an initial public offering (IPO) of 4.6 million shares at $22 per share. Since then, Apple's stock price and market capitalization have grown significantly, and the company has undergone several stock splits. If you had bought 1 share of Apple at its IPO, here's how many shares you would own now.

Apple's stock splits have played a crucial role in increasing the number of shares owned by investors. The company has undergone a total of 5 stock splits since its IPO. The first stock split occurred on June 16, 1987, with a ratio of 2-for-1. This means that for every 1 share of AAPL owned pre-split, shareholders then owned 2 shares. Five more splits have been implemented since then, with the most recent stock split taking place on August 31, 2020, on a 4-for-1 basis.

If you bought 1 share of Apple at the IPO, you would now own 224 shares due to the 5 stock splits that have occurred since then. This is calculated as follows: 1 share * 2 (1987 split) * 2 (2000 split) * 2 (2005 split) * 4 (2014 split) * 4 (2020 split) = 224 shares.



Apple's stock price has also grown significantly since its IPO. As of December 20, 2024, Apple's stock price is $254.49, compared to $22.22 at the time of the IPO. This growth in stock price, combined with the stock splits, has led to a significant increase in the number of shares owned by investors who bought Apple at its IPO.



In conclusion, if you bought 1 share of Apple at its IPO in 1980, you would now own 224 shares due to the company's stock splits. Apple's stock price has also grown significantly since its IPO, leading to a substantial increase in the value of an investor's stake in the company.