Now that Google is $704 a share

[ute4ever]

Originally Posted by Mormon Red Death

If you would have bought at the IPO in 2004 for $85 at lets say 500 shares you would be sitting with a nice profit of $309,500

Wowsers!

Originally Posted by ute4ever

I'll see your Google, Forrest, and raise you an Apple.

It launched at $26 per share, is worth about $190 now, and has been split 2:1 three times. In other words, its worth is 58.5 times greater now: (26/190) x (2x2x2) = 58.5.

A similar investment of $42,500 in 1984 would yield $2,498,250 today.

Bump

Google closed at $1007.95 today. Your 500 shares would now be worth $503,975.

Apple closed at $512.49. Your shares would have been $6,701,792.31.