11500 shares when it was at 8.18 on November 2nd, 2002
My retail business was closing due to issues in the travel industry, and I decided to purchase Apple stock at that time. I had lost close to 500,000k in my store closing, and I was at the lowest point of my life. I bought the original iPod the day that it came out, and everyone for a year told me how they had loved it. I had always loved Apple, and I put my faith in Steve Jobs little iPod. Everyone was amazed at the size and incredible fidelity that it had. I knew that this would pay off one day. Everyone was laughing at me when I did this, including my broker. He told me that I should have invested in Dell because they were on the way up.
Let's do this math.
Original Investment - $94,070.00 for 11,500 shares
11,500 x 2 after the split last summer = 23,000 shares
23,000 x 78.71 at todays rate = $1,810,330.00
$1,810,330 - $94,070.00 = $1,716,260.00 stock worth.
I have not sold one share. Now who is laughing. Thank you iPod.