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If You Invested $1000 In Apple When The iPad Was Launched 14 Years Ago, Here’s How Much You’d Have Today

January 28, 2024



Apple's iPad is 14 years old. It was launched on Jan. 27, 2010, the iPad was a joke before it became a mainstream product. “a magical and revolutionary device” that can do everything from browsing the web, sending and receiving emails, reading books and playing games, among others. A 'Magical' Device”The iPad is our most advanced technology in a magical and revolutionary device at an unbelievable price,” said Jobs, adding that it would create a “new class of tools.” Over the next decade and a half, Jobs was proven right and Apple took advantage of the first opportunity – one of the two tablets in use. The world is iPad, according to data from Statcounter. Apple sold iPad for the first time on Apr. 3, 2010 and ended up selling more than 300,000 units in just one day. Jobs announced the iPad 2 in March 2011, and revealed. Apple sold 15 million iPads in its first nine months of sales. Apple has launched 10 generations of iPad and, apart from the regular model, has announced the Mini, Air and Pro models. Apple When the Macintosh Was Launched 40 Years Ago, Here's What You'd Have Today The iPad Wasn't Apple's First Tablet Fun fact: Did you know that the iPad wasn't Apple's first tablet? Under the leadership of John Sculley, Apple launched a tablet-like device called the Newton MessagePad. 1983. However, the Newton MessagePad was not well received and was abandoned by Jobs. Let's see how Apple's stock has been since the company introduced the iPad 14 years ago.Apple's stock price as of Jan. 27, 2010, to date, Apple stock, adjusted for stock splits and other corporate events, was $7.4243 on Jan. 27, 2010. The issue continues its price today at $194.17, which is an increase of 2,515% during this period. .The price of $1,000 in Apple stock, and the Nasdaq and S&P 500 indexes, respectively, as of Jan. 27, 2010, to date If you had invested $1,000 in Apple stock on Jan. 27, 2010, today, you would have $26,153. , if you had invested $1,000 in an index fund similar to the Nasdaq, you would have had $6,982.A $1,000 equivalent to $1,000 in an index fund similar to the S&P 500 would be worth $4,459.A Multi-billion Dollar Business Since the iPad was released in 2010, Apple has had. it launched several other products such as the Apple Watch, AirPods, and most recently, the Vision Pro.Apple iPads alone made the company over $28 billion in its FY23, which accounts for 7.4% of the industry's highest revenue. iPads range from simple tools for reading and entertainment to products that can be used by designers. The iPad Pro models are designed for work and creativity, with a large, high-resolution display and equipped with powerful M-series chipsets. See more of Benzinga's Consumer Tech by following this link. Years Ago Today: Here's What $1000 In The Past Would Have Been Worth Photo Courtesy: Wikimedia Commons “ACTIVE INVESTORS' SECRET WEAPON” Supercharge Your Stock Market Game is the #1 “news & everything else” marketing tool: Benzinga Pro – Click here to get started 14-Day Trial Now! Get the latest stock analysis from Benzinga? This article If You'd Put $1000 In Apple When The iPad Was Launched 14 Years Ago, This Is How Much You'd Have Today appeared on Benzinga.com© 2024 Benzinga.com. Benzinga does not provide financial advice. All rights reserved.

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