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Man works out how much money you'd have made buying Apple shares instead of an iPhone every time a new one has been released

Home> Technology

Updated 13:16 14 Sep 2023 GMT+1Published 13:13 14 Sep 2023 GMT+1

Man works out how much money you'd have made buying Apple shares instead of an iPhone every time a new one has been released

It's safe to say you'd be able to afford lots of iPhones now

Joe Harker

Joe Harker

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Another year, another iPhone release, and soon enough it'll be time for the hordes to descend upon their local Apple store to get their hands on the new and slightly improved device.

Apple recently unveiled the iPhone 15 and goodness gracious me, we've come a long way from the first ever iPhone being announced in 2007.

While 2007's big reveal had Steve Jobs telling us all his little phone was going to change our lives, this latest one was a slideshow of people in weird locations telling us how slightly altering the features on the phone made it a must-buy.

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There was also an inexplicable appearance from 'Mother Nature' while everyone waited around for the inevitable announcement that from now on, the iPhone would be using the USB-C port.

We're only days away from the iPhone 15 going on sale, and while plenty will be lining up to give Apple their money one man has worked out how rich you'd be if, instead of buying an iPhone whenever they released, you'd just spent the money on Apple stock.

The iPhone 15 will be releasing soon, but could you be richer by buying something else of Apple's?
Apple

Taking to Twitter, or X, as Elon Musk really wants everyone to call it these days, Sumit Behal said he worked out how much your Apple stock would be worth if you'd been buying that instead of an iPhone on the day of each Apple Event.

If you're one of those who stares wistfully at the stock market or the price of bitcoin and tells yourself you were totally going to put a bit of money on them back in the day, then you might want to look away because it's a hell of a lot of money.

Behal calculated that to buy each model of iPhone at launch would set you back about $17,000, but if you'd put that money into Apple stock you'd be sitting pretty on a stock portfolio worth a whopping $367,000,000.

That's $367 million if you want to be perfectly sure what all of those zeroes mean.

The Apple stock price has risen dramatically ever since the launch of the first iPhone, before Steve Jobs unveiled the phone in 2007 you could buy stock in Apple for just over $3, now you'd have to pay more than $170.

The Apple stock price from the time of the first iPhone's announcement is quite a bit less than you'd pay these days.
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However, some people did point out that if you bought Apple stock instead of an iPhone each time, then you'd be without a phone and smartphones have become pretty important over the years.

On top of that, others argued that if everyone did this, then the Apple stock wouldn't be anywhere near as high as it has ended up today because nobody would be buying iPhones, thus rendering the whole idea useless.

Then again, if people were spending the same amount on Apple stock as they were on iPhones then the price would probably be pretty darn high.

So there you go, if you ever find yourself in possession of a time machine and feel like Biff Tannen-ing your way to a fortune but want to avoid the gambling, then go back and invest in Apple stock from before the iPhone was launched.

Featured Image Credit: David Paul Morris / Stringer/Justin Sullivan / Staff / Getty

Topics: Apple, Money, iPhone, Technology

Joe Harker
Joe Harker

Joe graduated from the University of Salford with a degree in Journalism and worked for Reach before joining the LADbible Group. When not writing he enjoys the nerdier things in life like painting wargaming miniatures and chatting with other nerds on the internet. He's also spent a few years coaching fencing. Contact him via [email protected]

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@MrJoeHarker

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