What would Apple stock be worth if it never split?

What Would Apple Stock Be Worth If It Never Split?

Apple’s incredible journey has been marked by significant milestones, including stock splits. The tech giant has undergone four 2-for-1 stock splits since its initial public offering (IPO) in 1980. But have you ever wondered what Apple’s stock price would be today if it never split? In this article, we’ll delve into the world of "what ifs" and explore the implications of Apple’s stock not splitting.

Direct Answer: What Would Apple Stock Be Worth If It Never Split?

As of 2021, Apple’s stock price would be around $1,800 if it never split. This figure is calculated by multiplying the current stock price ($164.74) by the total number of outstanding shares (4.7 billion) and then dividing by the total number of shares if Apple never split (2.35 billion).

How Apple’s Stock Split History Has Impacted Its Price

Apple’s stock splits have been instrumental in making its shares more accessible to investors and driving growth. Here’s a brief overview of each split:

• 1987: 2-for-1 split
• 2000: 2-for-1 split
• 2005: 2-for-1 split
• 2020: 4-for-1 split

Each split has reduced the stock’s price while increasing the number of outstanding shares. This has helped to:

• Make Apple’s stock more attractive to retail investors
• Increase liquidity in the market
• Drive growth by reducing the barrier to entry for new investors

What Would Apple’s Market Cap Be If It Never Split?

Assuming Apple never split its stock, its market capitalization would be significantly higher. Using the same calculation as above, we can estimate Apple’s market cap to be around $4.2 trillion.

Here’s a breakdown of the calculation:

• Current market capitalization: $2.35 trillion
• Current stock price: $164.74
• Number of outstanding shares: 4.7 billion
• Number of shares if Apple never split: 2.35 billion
• Market capitalization if Apple never split: $4.2 trillion

The Impact of Apple’s Stock Split on Investors

Apple’s stock splits have had a profound impact on investors. Here are a few key points to consider:

• Lower barrier to entry: Stock splits have made Apple’s stock more accessible to retail investors, allowing them to buy smaller blocks of shares.
• Increased liquidity: Splits have increased liquidity in the market, making it easier for investors to buy and sell shares.
• Long-term growth: Splits have driven long-term growth by attracting new investors and increasing the overall market capitalization.

Comparison with Other Tech Giants

Apple’s stock performance is often compared to that of other tech giants like Amazon and Google. Here’s a brief comparison:

While Apple’s stock price is significantly lower than its tech peers, its market capitalization is higher due to its larger number of outstanding shares.

Conclusion

In conclusion, Apple’s stock price would be around $1,800 if it never split. The company’s stock splits have been instrumental in making its shares more accessible to investors and driving growth. While the exact figures are speculative, it’s clear that Apple’s stock performance has been remarkable, and its market capitalization would likely be significantly higher if it never split.