If You Bought $5700 Worth of Apple Stock in 1997, You Would Have Over $300K Today

March 11th, 2011 - By TheEditor

(NY Times) — Let us pretend for a moment that the year is 1997 and you’re in the market for a new laptop computer. You want the top-of-the-line product at the time, so you opt for the newly released Apple Computer PowerBook G3 250 laptop. This revolutionary piece of technology, which comes with a 250-megahertz processor and a whopping 5 gigabytes of storage, will set you back $5,700. If you held onto that laptop until today you would probably be able to sell it on eBay for about $50.

Now imagine that instead of buying the Apple PowerBook in 1997, you decided to spend $5,700 on Apple stock. You would have done a little better. Indeed, today your Apple stock would be worth $330,563. Probably makes you think twice buying about that laptop.

Read More…

More from StyleBlazer
More from MommyNoire

Comment Disclaimer

Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN

  • Buy the apple if jobs kux the bucket , it will plummet when he goes

    Apple sux

  • Wendy

    Who knew!!! This is the kind of education our people need, I have a great profit sharing with my company if I
    only knew I would have taken some those funds and invested………………………..