Could Investing $1,000 in Apple Make You a Millionaire?

Buying and holding Apple (NASDAQ: AAPL) has without a doubt been one of the best investment decisions anyone could've ever made. Had you invested $1,000 in the consumer technology titan's shares roughly 44 years ago at its initial public offering, that position would be worth just under $2.5 million (as of Jan. 6). It's hard for anyone to argue with these results.Today, Apple is a behemoth that carries a market cap of $3.7 trillion and that generated $391 billion in revenue in fiscal 2024. But it's still on investors' radars. Could investing $1,000 in this "Magnificent Seven" stock make you a millionaire?Apple sells numerous physical products that consumers love. It's mind-boggling that there are over 2.2 billion active devices in use worldwide. This figure continues marching higher with each passing quarter.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool