The impressive financial returns from investing in Apple a decade ago have been highlighted.
Apple is undeniably a dominant force in the technology industry, renowned for its products like the iPhone, iPad, Mac, and Apple Watch.
Recently, Apple ventured into the realm of artificial intelligence with the introduction of Apple Intelligence, which has been made available on iPhones, iPads, and Macs.
Tim Cook, Apple’s CEO, stated: “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.”
With the new software update, Apple’s AI assists users in revising texts, emails, and notes, and makes it easier to locate specific photos.
The AI can also condense notifications from group chats on the lock screen, transcribe calls, and remove unwanted objects from images.
Currently, these AI features are accessible on iPhone 15s and newer models, as well as iPads and MacBooks with M1 chips or later versions. Additional AI functionalities are expected in December and subsequent months.
Apple’s ongoing innovation in technology has contributed to its growing market value.
But just how much would an investment in Apple a decade ago have earned you today?
In 2014, Apple was already a significant player, prepping for the iPhone 6 release, making it a relatively safe investment with substantial returns.
According to CNBC, a $1,000 investment in Apple ten years ago would have grown to $8,865.
If someone had invested $1,000 in Apple during its initial public offering in 1980, they would see substantial gains today.
Based on CNBC’s analysis, that investment would be worth an astounding $1,859,888 as of October 30.
With Apple’s ongoing expansion and integration of AI, the potential for further profits in the future remains strong.
Discussing Apple’s exploration into AI, Craig Federighi, Apple’s senior vice president of Software Engineering, mentioned: “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.”