$10,000 invested in Apple stock when Tim Cook became CEO in 2011 would now be worth over $241,500 without dividend reinvestment.
A $10,000 investment in Apple stock when Tim Cook took over as CEO in August 2011 would now be valued at approximately $241,500. Shares opened at just over $365 following Steve Jobs’ resignation, with the initial investment purchasing 27.4 shares. Stock splits in 2014 and 2020 increased holdings to 766.9 shares.
Apple’s stock initially dropped 5% on the news of Jobs’ resignation, reflecting investor uncertainty. Under Cook’s leadership, the company introduced dividends in 2012, with reinvested dividends potentially boosting the total to $289,500. Cook will step down as CEO at the end of August, with John Ternus set to succeed him on September 1.