1% Per Week for Eight Years

Apple (AAPL) reached a new all-time high today of $330.20 per share.

On April 21, 2003, Apple was going for $6.57 per share (adjusted for a split).

This means the stock is up 50.26-fold in exactly 402 weeks. That works out to an average weekly gain of 0.979%.

In other words, Apple has gained an average of 1% per week for nearly eight years.

Posted by on January 3rd, 2011 at 12:48 pm


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