If you’d bought Apple stock instead of an Apple III, you’d be a millionaire


Apple raked in the cash last quarter.
What we wouldn't give to travel back to 1980.
Photo: Jim Merithew/Cult of Mac

Want a spectacular stat for a Friday? Apple stock has increased 22,250 percent since its IPO almost 35 years ago.

And the accompanying depressing thought: If you had taken the money a new Apple computer cost at the time and instead spent it on AAPL stock during its 1980 public offering, you’d be sitting on a personal fortune of $965,650 today — just a few dollars away from being a freshly-minted millionaire.