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billnmorty t1_j9bfk1v wrote

Reply to comment by VoidAndOcean in A first-generation iPhone from 2007 sold for $63,356 at auction — more than 100 times its original price by dakiki

Let’s do some math! How much was the MSRP of the original iPhone (serious question). How much was Apple stock at the time of the unveiling. How much would that stock be worth today.

I always remember the saying “if you love a product, by the stock”

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chrisnmarie t1_j9bnbqs wrote

So since they bailed.... did a lil research and so math and the answer is..... Total return = $600 x 4533% / 100%

Total return = $27,198

got the number based on a article that stated the returns for 3k in 07

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bonesnaps t1_j9dkqgd wrote

I hate Apple products, their walled garden is a fucking joke. I cannot sell the stock since I purposely don't own any.

AMA

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