Man Works Out How Much Money You Could’ve Made Buying Apple Shares Instead Of New iPhones

“Beyond expected improved performance and incremental innovation embedded into Apple’s new products, it is great to see Apple communicate on sustainability as a new competitive advantage — especially with Apple’s first carbon neutral products,” Forrester Principal Analyst Thomas Husson told CNN.As the long-awaited iPhone 15 will hit the market, crowds of eager buyers will happily part with their money to get a hand on the $799 phone, or splurge on its Plus version, which costs $899.

However, one individual has calculated the potential wealth that could have been amassed by investing in Apple stock instead of consistently purchasing new iPhones with each release.a data analyst, shared his calculations regarding the hypothetical value of your Apple stock if you had chosen to invest in it instead of buying an iPhone on the day of each Apple Event.

Sumit’s calculations revealed that purchasing every iPhone model upon launch would cost approximately $17,000. Nevertheless, had you chosen to invest that sum in Apple stock, you would now be enjoying a remarkable stock portfolio valued at an astonishing $367,000,000. To put it in clearer terms, that’s a whopping $367 million.Whilst the price of Apple stock has witnessed a remarkable ascent since the debut of the initial iPhone, Apple’s stock was available for slightly over $3 prior to Steve Jobs’ unveiling of the first iPhone in 2007. But today, it commands a price of over $170 per share.

Nonetheless, certain individuals did highlight the fact that opting for Apple stock purchases instead of buying iPhones on each occasion would leave you without a smartphone, and smartphones have undeniably grown in significance over the years.

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