Apple Stock 101: What All Investors Should Know

TheStreet2021-05-17

How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know. I believe that ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（9）

MaddyLIM
·2021-05-17
Nice intel lol...
Reply
2
Report
Fold Replies
- MaddyLIM:
  Haha!
  2021-05-17
  Reply
  Report
- MaeTan:
  Yes!
  2021-05-17
  Reply
  Report
Mesh
·2021-05-17
Ok comment n like
Reply
1
Report
Fold Replies
- cozyli:
  ok. pls reply. thks
  2021-05-17
  Reply
  Report
stormlee
·2021-05-17
Comment & like pls
Reply
3
Report
Fold Replies
- stormlee:
  ?
  2021-05-19
  Reply
  Report
- cozyli:
  done. pls reply. thks
  2021-05-17
  Reply
  Report
zjings
·2021-05-17
Can like my comment?
Reply
3
Report
Fold Replies
- zjings:
  hehehe
  2021-05-17
  Reply
  Report
- zjings:
  hello
  2021-05-17
  Reply
  Report
- hhyceline:
  love it hahahahaa
  2021-05-17
  Reply
  Report
View more 1 comments
Muffingal
·2021-05-17
Thanks
Reply
Like
Report
KuehBulu
·2021-05-17
Pls like and comment. Thank you ?
Reply
1
Report
Fold Replies
- Jaslen:
  Comment pleas
  2021-05-17
  Reply
  Report
55ewell
·2021-05-17
??
Reply
1
Report
JaneJ
·2021-05-17
Wow.
Reply
1
Report
dogeking
·2021-05-17
Apple here is to stay in the long term ?
Reply
3
Report
Fold Replies
- JaneJ:
  SUre Will Hold mY position for long term
  2021-05-17
  Reply
  Report
- Poggki:
  apple gogogo
  2021-05-17
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1177169075?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-17 19:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1177169075","market":"us","top_or_hot":-1,"title":"Apple Stock 101: What All Investors Should Know","media":"TheStreet","content":"<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock 101: What All Investors Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock 101: What All Investors Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know>TheStreet</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know","article_id":"1177169075","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177169075","pubTimestamp":1621251214,"sourceInfo":null,"weMediaInfo":null,"summary":"How does Apple make money? How have share price and valuation behaved historically? Here are key fac","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"苹果股票101：所有投资者都应该知道的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\nFigure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\nFigure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\nFigure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\nFigure 4: AAPL, S&P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n\nAnnualized return of 19% since the IPO, better than the S&P 500 by about 11 percentage points;\nAnnualized volatility of 45%, measured by one standard deviation, which is a solid three times higher than the S&P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable 28% since 2010;\nMaximum peak-to-trough drawdown of 82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.\nFun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped 62%. Since then, shares have increased 324,000%.\nFun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of 42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":195311737,"gmtCreate":1621257154129,"gmtModify":1704354717106,"author":{"id":"3576843963312863","authorId":"3576843963312863","name":"MaddyLIM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576843963312863","authorIdStr":"3576843963312863"},"htmlText":"Nice intel lol...","listText":"Nice intel lol...","text":"Nice intel lol...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/195311737","repostId":1177169075,"repostType":4,"repost":{"id":"1177169075","pubTimestamp":1621251214,"share":"https://ttm.financial/m/news/1177169075?lang=&edition=fundamental","pubTime":"2021-05-17 19:33","market":"us","language":"en","title":"Apple Stock 101: What All Investors Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1177169075","media":"TheStreet","summary":"How does Apple make money? How have share price and valuation behaved historically? Here are key fac","content":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI&nbsp;believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\n<img src=\"https://static.tigerbbs.com/c9abbfcb83975d7e7b88e620f5b3dc19\" tg-width=\"1240\" tg-height=\"697\">Figure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\n<img src=\"https://static.tigerbbs.com/cbba752736c12883cc561e7f59f383f3\" tg-width=\"1240\" tg-height=\"500\">Figure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to&nbsp;the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\n<img src=\"https://static.tigerbbs.com/3f37af7677eb0cb04bafa42370e9f861\" tg-width=\"1240\" tg-height=\"499\">Figure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&amp;P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\n<img src=\"https://static.tigerbbs.com/7aa93bcd763ad594cc8144a00453eea9\" tg-width=\"953\" tg-height=\"474\">Figure 4: AAPL, S&amp;P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n<ul>\n <li>Annualized return of&nbsp;19%&nbsp;since the IPO, better than the S&amp;P 500 by about 11 percentage points;</li>\n <li>Annualized volatility of&nbsp;45%, measured by one standard deviation, which is a solid three times higher than the S&amp;P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable&nbsp;28%&nbsp;since 2010;</li>\n <li>Maximum peak-to-trough drawdown of&nbsp;82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.</li>\n <li>Fun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped&nbsp;62%. Since then, shares have increased&nbsp;324,000%.</li>\n <li>Fun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of&nbsp;42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock 101: What All Investors Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock 101: What All Investors Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know>TheStreet</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177169075","content_text":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\nFigure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\nFigure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\nFigure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\nFigure 4: AAPL, S&P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n\nAnnualized return of 19% since the IPO, better than the S&P 500 by about 11 percentage points;\nAnnualized volatility of 45%, measured by one standard deviation, which is a solid three times higher than the S&P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable 28% since 2010;\nMaximum peak-to-trough drawdown of 82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.\nFun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped 62%. Since then, shares have increased 324,000%.\nFun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of 42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4357055,"gmtCreate":1621264827114,"gmtModify":1680789313001,"authorId":3576843963312863,"author":{"id":3576843963312863,"idStr":"3576843963312863","authorId":3576843963312863,"name":"MaddyLIM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195311737,"type":1,"supId":4356410,"prevId":0,"content":"Haha!","text":"Haha!","html":"Haha!"},{"id":4356410,"gmtCreate":1621260797840,"gmtModify":1680789309436,"authorId":3566205103165331,"author":{"id":3566205103165331,"idStr":"3566205103165331","authorId":3566205103165331,"name":"MaeTan","avatar":"https://static.tigerbbs.com/9b4c7db40f5ec74ea810182d08212cf4","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.09.20","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195311737,"type":1,"supId":0,"prevId":0,"content":"Yes!","text":"Yes!","html":"Yes!"}],"langContent":"EN"},{"id":195338545,"gmtCreate":1621256520987,"gmtModify":1704354704521,"author":{"id":"3576108908706138","authorId":"3576108908706138","name":"Mesh","avatar":"https://static.tigerbbs.com/d4ef12e03b9e11be579123cb9d4208f9","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3576108908706138","authorIdStr":"3576108908706138"},"htmlText":"Ok comment n like","listText":"Ok comment n like","text":"Ok comment n like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/195338545","repostId":1177169075,"repostType":4,"repost":{"id":"1177169075","pubTimestamp":1621251214,"share":"https://ttm.financial/m/news/1177169075?lang=&edition=fundamental","pubTime":"2021-05-17 19:33","market":"us","language":"en","title":"Apple Stock 101: What All Investors Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1177169075","media":"TheStreet","summary":"How does Apple make money? How have share price and valuation behaved historically? Here are key fac","content":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI&nbsp;believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\n<img src=\"https://static.tigerbbs.com/c9abbfcb83975d7e7b88e620f5b3dc19\" tg-width=\"1240\" tg-height=\"697\">Figure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\n<img src=\"https://static.tigerbbs.com/cbba752736c12883cc561e7f59f383f3\" tg-width=\"1240\" tg-height=\"500\">Figure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to&nbsp;the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\n<img src=\"https://static.tigerbbs.com/3f37af7677eb0cb04bafa42370e9f861\" tg-width=\"1240\" tg-height=\"499\">Figure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&amp;P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\n<img src=\"https://static.tigerbbs.com/7aa93bcd763ad594cc8144a00453eea9\" tg-width=\"953\" tg-height=\"474\">Figure 4: AAPL, S&amp;P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n<ul>\n <li>Annualized return of&nbsp;19%&nbsp;since the IPO, better than the S&amp;P 500 by about 11 percentage points;</li>\n <li>Annualized volatility of&nbsp;45%, measured by one standard deviation, which is a solid three times higher than the S&amp;P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable&nbsp;28%&nbsp;since 2010;</li>\n <li>Maximum peak-to-trough drawdown of&nbsp;82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.</li>\n <li>Fun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped&nbsp;62%. Since then, shares have increased&nbsp;324,000%.</li>\n <li>Fun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of&nbsp;42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock 101: What All Investors Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock 101: What All Investors Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know>TheStreet</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177169075","content_text":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\nFigure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\nFigure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\nFigure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\nFigure 4: AAPL, S&P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n\nAnnualized return of 19% since the IPO, better than the S&P 500 by about 11 percentage points;\nAnnualized volatility of 45%, measured by one standard deviation, which is a solid three times higher than the S&P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable 28% since 2010;\nMaximum peak-to-trough drawdown of 82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.\nFun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped 62%. Since then, shares have increased 324,000%.\nFun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of 42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4355551,"gmtCreate":1621256717919,"gmtModify":1680789288510,"authorId":3574167470846346,"author":{"id":3574167470846346,"idStr":"3574167470846346","authorId":3574167470846346,"name":"cozyli","avatar":"https://static.tigerbbs.com/509ef7c09d0624801748249c5a3e0117","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195338545,"type":1,"supId":0,"prevId":0,"content":"ok. pls reply. thks","text":"ok. pls reply. thks","html":"ok. pls reply. thks"}],"langContent":"EN"},{"id":195392298,"gmtCreate":1621255996714,"gmtModify":1704354693520,"author":{"id":"3571959390768435","authorId":"3571959390768435","name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571959390768435","authorIdStr":"3571959390768435"},"htmlText":"Comment &amp; like pls","listText":"Comment &amp; like pls","text":"Comment & like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/195392298","repostId":1177169075,"repostType":4,"repost":{"id":"1177169075","pubTimestamp":1621251214,"share":"https://ttm.financial/m/news/1177169075?lang=&edition=fundamental","pubTime":"2021-05-17 19:33","market":"us","language":"en","title":"Apple Stock 101: What All Investors Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1177169075","media":"TheStreet","summary":"How does Apple make money? How have share price and valuation behaved historically? Here are key fac","content":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI&nbsp;believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\n<img src=\"https://static.tigerbbs.com/c9abbfcb83975d7e7b88e620f5b3dc19\" tg-width=\"1240\" tg-height=\"697\">Figure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\n<img src=\"https://static.tigerbbs.com/cbba752736c12883cc561e7f59f383f3\" tg-width=\"1240\" tg-height=\"500\">Figure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to&nbsp;the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\n<img src=\"https://static.tigerbbs.com/3f37af7677eb0cb04bafa42370e9f861\" tg-width=\"1240\" tg-height=\"499\">Figure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&amp;P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\n<img src=\"https://static.tigerbbs.com/7aa93bcd763ad594cc8144a00453eea9\" tg-width=\"953\" tg-height=\"474\">Figure 4: AAPL, S&amp;P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n<ul>\n <li>Annualized return of&nbsp;19%&nbsp;since the IPO, better than the S&amp;P 500 by about 11 percentage points;</li>\n <li>Annualized volatility of&nbsp;45%, measured by one standard deviation, which is a solid three times higher than the S&amp;P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable&nbsp;28%&nbsp;since 2010;</li>\n <li>Maximum peak-to-trough drawdown of&nbsp;82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.</li>\n <li>Fun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped&nbsp;62%. Since then, shares have increased&nbsp;324,000%.</li>\n <li>Fun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of&nbsp;42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock 101: What All Investors Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock 101: What All Investors Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know>TheStreet</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177169075","content_text":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\nFigure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\nFigure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\nFigure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\nFigure 4: AAPL, S&P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n\nAnnualized return of 19% since the IPO, better than the S&P 500 by about 11 percentage points;\nAnnualized volatility of 45%, measured by one standard deviation, which is a solid three times higher than the S&P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable 28% since 2010;\nMaximum peak-to-trough drawdown of 82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.\nFun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped 62%. Since then, shares have increased 324,000%.\nFun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of 42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4370933,"gmtCreate":1621379949015,"gmtModify":1680789557496,"authorId":3571959390768435,"author":{"id":3571959390768435,"idStr":"3571959390768435","authorId":3571959390768435,"name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.07","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195392298,"type":1,"supId":4355553,"prevId":0,"content":"?","text":"?","html":"?"},{"id":4355553,"gmtCreate":1621256728341,"gmtModify":1680789287215,"authorId":3574167470846346,"author":{"id":3574167470846346,"idStr":"3574167470846346","authorId":3574167470846346,"name":"cozyli","avatar":"https://static.tigerbbs.com/509ef7c09d0624801748249c5a3e0117","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195392298,"type":1,"supId":0,"prevId":0,"content":"done. pls reply. thks","text":"done. pls reply. thks","html":"done. pls reply. thks"}],"langContent":"EN"},{"id":195947201,"gmtCreate":1621253620503,"gmtModify":1704354656316,"author":{"id":"3578649295407163","authorId":"3578649295407163","name":"zjings","avatar":"https://static.tigerbbs.com/3e172a823b6873913ac50532ea9531ec","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3578649295407163","authorIdStr":"3578649295407163"},"htmlText":"Can like my comment?","listText":"Can like my comment?","text":"Can like my comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/195947201","repostId":1177169075,"repostType":4,"repost":{"id":"1177169075","pubTimestamp":1621251214,"share":"https://ttm.financial/m/news/1177169075?lang=&edition=fundamental","pubTime":"2021-05-17 19:33","market":"us","language":"en","title":"Apple Stock 101: What All Investors Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1177169075","media":"TheStreet","summary":"How does Apple make money? How have share price and valuation behaved historically? Here are key fac","content":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI&nbsp;believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\n<img src=\"https://static.tigerbbs.com/c9abbfcb83975d7e7b88e620f5b3dc19\" tg-width=\"1240\" tg-height=\"697\">Figure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\n<img src=\"https://static.tigerbbs.com/cbba752736c12883cc561e7f59f383f3\" tg-width=\"1240\" tg-height=\"500\">Figure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to&nbsp;the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\n<img src=\"https://static.tigerbbs.com/3f37af7677eb0cb04bafa42370e9f861\" tg-width=\"1240\" tg-height=\"499\">Figure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&amp;P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\n<img src=\"https://static.tigerbbs.com/7aa93bcd763ad594cc8144a00453eea9\" tg-width=\"953\" tg-height=\"474\">Figure 4: AAPL, S&amp;P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n<ul>\n <li>Annualized return of&nbsp;19%&nbsp;since the IPO, better than the S&amp;P 500 by about 11 percentage points;</li>\n <li>Annualized volatility of&nbsp;45%, measured by one standard deviation, which is a solid three times higher than the S&amp;P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable&nbsp;28%&nbsp;since 2010;</li>\n <li>Maximum peak-to-trough drawdown of&nbsp;82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.</li>\n <li>Fun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped&nbsp;62%. Since then, shares have increased&nbsp;324,000%.</li>\n <li>Fun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of&nbsp;42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock 101: What All Investors Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock 101: What All Investors Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know>TheStreet</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177169075","content_text":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\nFigure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\nFigure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\nFigure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\nFigure 4: AAPL, S&P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n\nAnnualized return of 19% since the IPO, better than the S&P 500 by about 11 percentage points;\nAnnualized volatility of 45%, measured by one standard deviation, which is a solid three times higher than the S&P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable 28% since 2010;\nMaximum peak-to-trough drawdown of 82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.\nFun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped 62%. Since then, shares have increased 324,000%.\nFun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of 42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4356513,"gmtCreate":1621261284117,"gmtModify":1680789304274,"authorId":3578649295407163,"author":{"id":3578649295407163,"idStr":"3578649295407163","authorId":3578649295407163,"name":"zjings","avatar":"https://static.tigerbbs.com/3e172a823b6873913ac50532ea9531ec","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195947201,"type":1,"supId":4356239,"prevId":0,"content":"hehehe","text":"hehehe","html":"hehehe"},{"id":4356512,"gmtCreate":1621261276514,"gmtModify":1680789303338,"authorId":3578649295407163,"author":{"id":3578649295407163,"idStr":"3578649295407163","authorId":3578649295407163,"name":"zjings","avatar":"https://static.tigerbbs.com/3e172a823b6873913ac50532ea9531ec","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195947201,"type":1,"supId":4355556,"prevId":0,"content":"hello","text":"hello","html":"hello"},{"id":4356239,"gmtCreate":1621260054278,"gmtModify":1680789295277,"authorId":3578128120498769,"author":{"id":3578128120498769,"idStr":"3578128120498769","authorId":3578128120498769,"name":"hhyceline","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195947201,"type":1,"supId":0,"prevId":0,"content":"love it hahahahaa","text":"love it hahahahaa","html":"love it hahahahaa"},{"id":4355556,"gmtCreate":1621256738285,"gmtModify":1680789284244,"authorId":3574167470846346,"author":{"id":3574167470846346,"idStr":"3574167470846346","authorId":3574167470846346,"name":"cozyli","avatar":"https://static.tigerbbs.com/509ef7c09d0624801748249c5a3e0117","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195947201,"type":1,"supId":0,"prevId":0,"content":"done. pls reply. thks","text":"done. pls reply. thks","html":"done. pls reply. thks"}],"langContent":"EN"},{"id":195947383,"gmtCreate":1621253572542,"gmtModify":1704354655670,"author":{"id":"3578526149260573","authorId":"3578526149260573","name":"Muffingal","avatar":"https://static.tigerbbs.com/8912d7c784a51214590f1c8369ef03de","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3578526149260573","authorIdStr":"3578526149260573"},"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195947383","repostId":1177169075,"repostType":4,"repost":{"id":"1177169075","pubTimestamp":1621251214,"share":"https://ttm.financial/m/news/1177169075?lang=&edition=fundamental","pubTime":"2021-05-17 19:33","market":"us","language":"en","title":"Apple Stock 101: What All Investors Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1177169075","media":"TheStreet","summary":"How does Apple make money? How have share price and valuation behaved historically? Here are key fac","content":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI&nbsp;believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\n<img src=\"https://static.tigerbbs.com/c9abbfcb83975d7e7b88e620f5b3dc19\" tg-width=\"1240\" tg-height=\"697\">Figure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\n<img src=\"https://static.tigerbbs.com/cbba752736c12883cc561e7f59f383f3\" tg-width=\"1240\" tg-height=\"500\">Figure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to&nbsp;the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\n<img src=\"https://static.tigerbbs.com/3f37af7677eb0cb04bafa42370e9f861\" tg-width=\"1240\" tg-height=\"499\">Figure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&amp;P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\n<img src=\"https://static.tigerbbs.com/7aa93bcd763ad594cc8144a00453eea9\" tg-width=\"953\" tg-height=\"474\">Figure 4: AAPL, S&amp;P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n<ul>\n <li>Annualized return of&nbsp;19%&nbsp;since the IPO, better than the S&amp;P 500 by about 11 percentage points;</li>\n <li>Annualized volatility of&nbsp;45%, measured by one standard deviation, which is a solid three times higher than the S&amp;P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable&nbsp;28%&nbsp;since 2010;</li>\n <li>Maximum peak-to-trough drawdown of&nbsp;82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.</li>\n <li>Fun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped&nbsp;62%. Since then, shares have increased&nbsp;324,000%.</li>\n <li>Fun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of&nbsp;42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock 101: What All Investors Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock 101: What All Investors Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know>TheStreet</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177169075","content_text":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\nFigure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\nFigure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\nFigure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\nFigure 4: AAPL, S&P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n\nAnnualized return of 19% since the IPO, better than the S&P 500 by about 11 percentage points;\nAnnualized volatility of 45%, measured by one standard deviation, which is a solid three times higher than the S&P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable 28% since 2010;\nMaximum peak-to-trough drawdown of 82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.\nFun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped 62%. Since then, shares have increased 324,000%.\nFun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of 42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":195957281,"gmtCreate":1621252667943,"gmtModify":1704354642865,"author":{"id":"3575830079167965","authorId":"3575830079167965","name":"KuehBulu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"3575830079167965","authorIdStr":"3575830079167965"},"htmlText":"Pls like and comment. Thank you ?","listText":"Pls like and comment. Thank you ?","text":"Pls like and comment. Thank you ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/195957281","repostId":1177169075,"repostType":4,"repost":{"id":"1177169075","pubTimestamp":1621251214,"share":"https://ttm.financial/m/news/1177169075?lang=&edition=fundamental","pubTime":"2021-05-17 19:33","market":"us","language":"en","title":"Apple Stock 101: What All Investors Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1177169075","media":"TheStreet","summary":"How does Apple make money? How have share price and valuation behaved historically? Here are key fac","content":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI&nbsp;believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\n<img src=\"https://static.tigerbbs.com/c9abbfcb83975d7e7b88e620f5b3dc19\" tg-width=\"1240\" tg-height=\"697\">Figure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\n<img src=\"https://static.tigerbbs.com/cbba752736c12883cc561e7f59f383f3\" tg-width=\"1240\" tg-height=\"500\">Figure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to&nbsp;the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\n<img src=\"https://static.tigerbbs.com/3f37af7677eb0cb04bafa42370e9f861\" tg-width=\"1240\" tg-height=\"499\">Figure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&amp;P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\n<img src=\"https://static.tigerbbs.com/7aa93bcd763ad594cc8144a00453eea9\" tg-width=\"953\" tg-height=\"474\">Figure 4: AAPL, S&amp;P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n<ul>\n <li>Annualized return of&nbsp;19%&nbsp;since the IPO, better than the S&amp;P 500 by about 11 percentage points;</li>\n <li>Annualized volatility of&nbsp;45%, measured by one standard deviation, which is a solid three times higher than the S&amp;P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable&nbsp;28%&nbsp;since 2010;</li>\n <li>Maximum peak-to-trough drawdown of&nbsp;82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.</li>\n <li>Fun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped&nbsp;62%. Since then, shares have increased&nbsp;324,000%.</li>\n <li>Fun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of&nbsp;42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock 101: What All Investors Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock 101: What All Investors Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know>TheStreet</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177169075","content_text":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\nFigure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\nFigure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\nFigure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\nFigure 4: AAPL, S&P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n\nAnnualized return of 19% since the IPO, better than the S&P 500 by about 11 percentage points;\nAnnualized volatility of 45%, measured by one standard deviation, which is a solid three times higher than the S&P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable 28% since 2010;\nMaximum peak-to-trough drawdown of 82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.\nFun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped 62%. Since then, shares have increased 324,000%.\nFun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of 42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4355390,"gmtCreate":1621255589576,"gmtModify":1680789290671,"authorId":3579319144921544,"author":{"id":3579319144921544,"idStr":"3579319144921544","authorId":3579319144921544,"name":"Jaslen","avatar":"https://static.tigerbbs.com/597ef08fd8f2bd857b8021d7044cd65a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195957281,"type":1,"supId":0,"prevId":0,"content":"Comment pleas ","text":"Comment pleas ","html":"Comment pleas "}],"langContent":"EN"},{"id":195956785,"gmtCreate":1621252392547,"gmtModify":1704354638169,"author":{"id":"3577272005829901","authorId":"3577272005829901","name":"55ewell","avatar":"https://static.tigerbbs.com/4f2825fcb45f23295bcb39c75c2548ad","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577272005829901","authorIdStr":"3577272005829901"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195956785","repostId":1177169075,"repostType":4,"repost":{"id":"1177169075","pubTimestamp":1621251214,"share":"https://ttm.financial/m/news/1177169075?lang=&edition=fundamental","pubTime":"2021-05-17 19:33","market":"us","language":"en","title":"Apple Stock 101: What All Investors Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1177169075","media":"TheStreet","summary":"How does Apple make money? How have share price and valuation behaved historically? Here are key fac","content":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI&nbsp;believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\n<img src=\"https://static.tigerbbs.com/c9abbfcb83975d7e7b88e620f5b3dc19\" tg-width=\"1240\" tg-height=\"697\">Figure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\n<img src=\"https://static.tigerbbs.com/cbba752736c12883cc561e7f59f383f3\" tg-width=\"1240\" tg-height=\"500\">Figure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to&nbsp;the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\n<img src=\"https://static.tigerbbs.com/3f37af7677eb0cb04bafa42370e9f861\" tg-width=\"1240\" tg-height=\"499\">Figure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&amp;P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\n<img src=\"https://static.tigerbbs.com/7aa93bcd763ad594cc8144a00453eea9\" tg-width=\"953\" tg-height=\"474\">Figure 4: AAPL, S&amp;P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n<ul>\n <li>Annualized return of&nbsp;19%&nbsp;since the IPO, better than the S&amp;P 500 by about 11 percentage points;</li>\n <li>Annualized volatility of&nbsp;45%, measured by one standard deviation, which is a solid three times higher than the S&amp;P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable&nbsp;28%&nbsp;since 2010;</li>\n <li>Maximum peak-to-trough drawdown of&nbsp;82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.</li>\n <li>Fun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped&nbsp;62%. Since then, shares have increased&nbsp;324,000%.</li>\n <li>Fun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of&nbsp;42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock 101: What All Investors Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock 101: What All Investors Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know>TheStreet</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177169075","content_text":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\nFigure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\nFigure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\nFigure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\nFigure 4: AAPL, S&P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n\nAnnualized return of 19% since the IPO, better than the S&P 500 by about 11 percentage points;\nAnnualized volatility of 45%, measured by one standard deviation, which is a solid three times higher than the S&P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable 28% since 2010;\nMaximum peak-to-trough drawdown of 82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.\nFun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped 62%. Since then, shares have increased 324,000%.\nFun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of 42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":195958114,"gmtCreate":1621252269938,"gmtModify":1704354635414,"author":{"id":"3573597158008019","authorId":"3573597158008019","name":"JaneJ","avatar":"https://static.tigerbbs.com/35feebaa559f51f47e204634b51aaeb0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3573597158008019","authorIdStr":"3573597158008019"},"htmlText":"Wow.&nbsp;","listText":"Wow.&nbsp;","text":"Wow.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195958114","repostId":1177169075,"repostType":4,"repost":{"id":"1177169075","pubTimestamp":1621251214,"share":"https://ttm.financial/m/news/1177169075?lang=&edition=fundamental","pubTime":"2021-05-17 19:33","market":"us","language":"en","title":"Apple Stock 101: What All Investors Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1177169075","media":"TheStreet","summary":"How does Apple make money? How have share price and valuation behaved historically? Here are key fac","content":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI&nbsp;believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\n<img src=\"https://static.tigerbbs.com/c9abbfcb83975d7e7b88e620f5b3dc19\" tg-width=\"1240\" tg-height=\"697\">Figure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\n<img src=\"https://static.tigerbbs.com/cbba752736c12883cc561e7f59f383f3\" tg-width=\"1240\" tg-height=\"500\">Figure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to&nbsp;the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\n<img src=\"https://static.tigerbbs.com/3f37af7677eb0cb04bafa42370e9f861\" tg-width=\"1240\" tg-height=\"499\">Figure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&amp;P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\n<img src=\"https://static.tigerbbs.com/7aa93bcd763ad594cc8144a00453eea9\" tg-width=\"953\" tg-height=\"474\">Figure 4: AAPL, S&amp;P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n<ul>\n <li>Annualized return of&nbsp;19%&nbsp;since the IPO, better than the S&amp;P 500 by about 11 percentage points;</li>\n <li>Annualized volatility of&nbsp;45%, measured by one standard deviation, which is a solid three times higher than the S&amp;P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable&nbsp;28%&nbsp;since 2010;</li>\n <li>Maximum peak-to-trough drawdown of&nbsp;82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.</li>\n <li>Fun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped&nbsp;62%. Since then, shares have increased&nbsp;324,000%.</li>\n <li>Fun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of&nbsp;42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock 101: What All Investors Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock 101: What All Investors Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know>TheStreet</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177169075","content_text":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\nFigure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\nFigure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\nFigure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\nFigure 4: AAPL, S&P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n\nAnnualized return of 19% since the IPO, better than the S&P 500 by about 11 percentage points;\nAnnualized volatility of 45%, measured by one standard deviation, which is a solid three times higher than the S&P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable 28% since 2010;\nMaximum peak-to-trough drawdown of 82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.\nFun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped 62%. Since then, shares have increased 324,000%.\nFun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of 42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":195950084,"gmtCreate":1621251869548,"gmtModify":1704354629566,"author":{"id":"3582019561380962","authorId":"3582019561380962","name":"dogeking","avatar":"https://static.tigerbbs.com/3b3bb5a9aae2ee1579b02dfd0a867ec0","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":0,"idStr":"3582019561380962","authorIdStr":"3582019561380962"},"htmlText":"Apple here is to stay in the long term ?","listText":"Apple here is to stay in the long term ?","text":"Apple here is to stay in the long term ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/195950084","repostId":1177169075,"repostType":4,"repost":{"id":"1177169075","pubTimestamp":1621251214,"share":"https://ttm.financial/m/news/1177169075?lang=&edition=fundamental","pubTime":"2021-05-17 19:33","market":"us","language":"en","title":"Apple Stock 101: What All Investors Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1177169075","media":"TheStreet","summary":"How does Apple make money? How have share price and valuation behaved historically? Here are key fac","content":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI&nbsp;believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\n<img src=\"https://static.tigerbbs.com/c9abbfcb83975d7e7b88e620f5b3dc19\" tg-width=\"1240\" tg-height=\"697\">Figure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\n<img src=\"https://static.tigerbbs.com/cbba752736c12883cc561e7f59f383f3\" tg-width=\"1240\" tg-height=\"500\">Figure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to&nbsp;the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\n<img src=\"https://static.tigerbbs.com/3f37af7677eb0cb04bafa42370e9f861\" tg-width=\"1240\" tg-height=\"499\">Figure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&amp;P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\n<img src=\"https://static.tigerbbs.com/7aa93bcd763ad594cc8144a00453eea9\" tg-width=\"953\" tg-height=\"474\">Figure 4: AAPL, S&amp;P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n<ul>\n <li>Annualized return of&nbsp;19%&nbsp;since the IPO, better than the S&amp;P 500 by about 11 percentage points;</li>\n <li>Annualized volatility of&nbsp;45%, measured by one standard deviation, which is a solid three times higher than the S&amp;P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable&nbsp;28%&nbsp;since 2010;</li>\n <li>Maximum peak-to-trough drawdown of&nbsp;82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.</li>\n <li>Fun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped&nbsp;62%. Since then, shares have increased&nbsp;324,000%.</li>\n <li>Fun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of&nbsp;42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock 101: What All Investors Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock 101: What All Investors Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know>TheStreet</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHow does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that ...\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-101-what-all-investors-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177169075","content_text":"How does Apple make money? How have share price and valuation behaved historically? Here are key facts and figures that every old, new, and aspiring Apple stock investor should know.\nI believe that every investor looking to put money into Apple stock ($AAPL) should be aware of a few important facts about the company and its shares. Today, the Apple Maven presents “Apple Stock 101”, an article that provides the basics for old, new, and aspiring Apple shareholders.\n“Apple Stock 101” is meant to be a fresh, frequently updated document to be used as a reference guide. Therefore, feel free to bookmark this page and come back for future updates.\nFigure 1: The Apple Park, in Cupertino, CA.\nApple’s history\nThe Cupertino-based company is an important piece of the personal computing revolution of the 1970s and 1980s. Apple was co-founded by the now famous Steve Jobs and Steve Wozniak to market one product at first: Wozniak’s Apple I PC.\nLater in the 1980s and into the 1990s, Apple became known for its Macintosh line of computers – a golden age for the company. But the period also marked the end of the first Steve Jobs era, as the celebrity founder was ousted in 1985.\nApple struggled through most of the 1990s, even flirting with bankruptcy at one point. The stock dropped nearly 80% between March 1992 and December 1997. Steve Jobs returned to the company near the late 1990s bottom to make history again in the tech industry over the following decade and a half.\nBetween 2001 and 2010, Apple changed the world by introducing devices that became household staples. The popular MP3-playing iPod came out early in the 2000s, while the category-defining iPhone and iPad were launched in 2007 and 2010, respectively.\nFun fact: it was during this period marked by the Intel-based Mac and early innings of the mobile revolution that Apple stock produced its largest three-year gain ever: 1,000% between 2003 and 2006.\nToday, Apple is a tech behemoth that sells several products and services ranging from 5G-ready smartphones to smartwatches and even financing through a credit card partnership with Goldman Sachs ($GS). As of May 2021, the consumer discretionary conglomerate was the most valuable company in the world, and the only in the US to have ever been valued above $2 trillion.\nApple’s business segments\nApple has often been called “the iPhone maker” for a good reason. In fiscal 2020, half of the company’s sales came from this product category. Mac and iPad, two immensely popular product categories, added up to no more than 20% of total company revenues combined.\nSee charts below depicting revenue split on the left and operating profit split on the right. Notice that, despite accounting for only one-fifth of revenues, the services segment (i.e. App Store, Apple Music, Apple TV+, etc.) produced over one-third of the profits in fiscal 2020. This is the case due to higher and more scalable margins for most services and software.\nFigure 2: Fiscal 2020 revenues by segment.\nThe two graphs below slice revenue growth in a couple of different views. On the left, notice that the Apple Watch and AirPods helped to make “other products” the fastest growing segment in 2020, at 25% year-over-year. The laggard was the iPhone, due mostly to the delayed launch of the iPhone 12.\nOn the right, it becomes clear that the developed markets in the West performed better during the pandemic year, growing at least 7% despite the challenges. Greater China suffered most due to (1) the earlier COVID-19 hit and (2) lack of a 5G-ready iPhone in a country where the 5G network infrastructure is ahead of the rest of the world.\nFigure 3: Fiscal 2020 growth by segment and geography.\nApple stock’s performance\nEver wonder how much you could have made investing in Apple stock at the December 1980 IPO? Wonder no more:124,000%. This means that a $1,000 investment in Apple in the early 1980s would have grown to over $1.2 million today, for an annualized return of 19%.\nBelow is a chart of Apple stock’s price since just prior to the Great Recession, adjusted for stock splits, compared to the S&P 500 ($SPY), the Nasdaq ($QQQ) and the Dow Jones ($DIA) indices. Notice that Apple has lavishly outperformed its broad-market benchmarks in the past decade and a half.\nFigure 4: AAPL, S&P500, Nasdaq and Dow Jones since 2007.\nHere are some important facts and figures on Apple stock:\n\nAnnualized return of 19% since the IPO, better than the S&P 500 by about 11 percentage points;\nAnnualized volatility of 45%, measured by one standard deviation, which is a solid three times higher than the S&P 500’s volatility (i.e. riskier). However, as Apple matured as a company and stock, the volatility has dropped to a much more manageable 28% since 2010;\nMaximum peak-to-trough drawdown of 82%, a painful pullback that happened not during the thick of the dot-com bubble correction, but in 2003, during the recession that followed. By early 2005, Apple had already reclaimed all-time highs.\nFun fact #1: although Apple has produced outstanding returns since the IPO, the first 18 months were very rocky. Between December 1980 and early July 1982, Apple stock dipped 62%. Since then, shares have increased 324,000%.\nFun fact #2: as much as 19% annualized returns since the IPO date may be outstanding, the stock’s best long-term performance happened between the 2003 bottom and today. During this 18-year period, Apple shares produced jaw-dropping annualized gains of 42%! An initial investment of $1,000 in April 2003 would have been worth half a million now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4355030,"gmtCreate":1621252309830,"gmtModify":1680789280970,"authorId":3573597158008019,"author":{"id":3573597158008019,"idStr":"3573597158008019","authorId":3573597158008019,"name":"JaneJ","avatar":"https://static.tigerbbs.com/35feebaa559f51f47e204634b51aaeb0","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195950084,"type":1,"supId":0,"prevId":0,"content":"SUre Will Hold mY position for long term","text":"SUre Will Hold mY position for long term","html":"SUre Will Hold mY position for long term"},{"id":4354985,"gmtCreate":1621252069150,"gmtModify":1680789275302,"authorId":3564876523975472,"author":{"id":3564876523975472,"idStr":"3564876523975472","authorId":3564876523975472,"name":"Poggki","avatar":"https://static.tigerbbs.com/96397c64f0a59449e5573036608f7d30","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195950084,"type":1,"supId":0,"prevId":0,"content":"apple gogogo","text":"apple gogogo","html":"apple gogogo"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":25,"commentSize":9,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}