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Surprising amount of money you’d now have if you invested $1,000 in Apple 10 years ago

Home> Technology

Updated 15:00 3 Nov 2024 GMTPublished 10:59 3 Nov 2024 GMT

Surprising amount of money you’d now have if you invested $1,000 in Apple 10 years ago

It comes as the tech company debuts new AI features with Apple Intelligence, included with iOS 18

Callum Jones

Callum Jones

The staggering amount of money you'd have in your back pocket if you invested in Apple ten years ago has been revealed.

There's no doubt about it, Apple is an absolute juggernaut in the tech space thanks to iPhone, iPad, Mac and even Apple Watch.

The tech giant made the leap into AI last week with Apple Intelligence, the company's take on artificial intelligence that has recently released on iPhones, iPads and Mac.

Apple CEO Tim Cook said: "Apple Intelligence introduces a new era for iPhone, iPad, and Mac, delivering brand-new experiences and tools that will transform what our users can accomplish."

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The new software update sees AI provide Apple users with help rewriting texts, emails and notes, while it can also help find that certain photo you've been looking for.

It can even summarise deluges of notifications from group chats on your lock screen, transcribe phone calls, and remove unwanted objects from photos.

Apple is going down the AI path (Peter Dazeley/Getty Images)
Apple is going down the AI path (Peter Dazeley/Getty Images)

The first batch of AI features are available now on iPhone 15s and onwards, and iPads and MacBooks that are M1 or later. More AI features are due in December and the coming months.

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And with Apple constantly bushing boundaries in tech, the value of the company has continued to rise.

But how much would you be sitting on if you invested in the iPhone maker ten years ago?

Of course, Apple was a major player in the tech market already back in 2014, when it was gearing up to release the iPhone 6, so it wouldn't even have been a risky bet and it would have come with a massive return.

The staggering amount of money you’d now have has been revealed (Gary Hershorn/Getty Images)
The staggering amount of money you’d now have has been revealed (Gary Hershorn/Getty Images)

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Thanks to the work of CNBC, we know that if an individual invested $1,000 in Apple ten years ago, then they'd be sitting on a pretty $8,865.

And if someone had made a $1,000 pledge to Apple in 1980, when they first went public, they would certainly be reaping the rewards right now.

According to CNBC, anyone who invested a grand in Apple back then would see a whopping $1,859,888, as of October 30.

And with the rise of AI, and Apple continuing to grow in the tech market into an ever bigger juggernaut, that profit could increase even further in the years to come.

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Speaking about the company's dipping their toes into the AI field, Craig Federighi, Apple’s senior vice president of Software Engineering, said: "Apple Intelligence unlocks exciting new capabilities that make your iPhone, iPad, and Mac even more helpful and useful, from Writing Tools to help refine your writing, to summarized notifications that surface what’s most important, to the ability to search for almost anything in your photos and videos by simply describing it."

Featured Image Credit: NICHOLAS KAMM/AFP via Getty Images / David Paul Morris/Getty Images

Topics: Apple, Technology, iPhone, Money

Callum Jones
Callum Jones

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