If You Invested $1,000 In Apple Stock When Donald Trump Sold, Here’s The ‘YUGE’ Return You Could Get Now – Apple (NASDAQ:AAPL)

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Former President Donald Trump is no stranger to being outspoken and sharing his opinions on a range of topics. A study showed that Trump once tweeted 5,293 times in 12 months, which was first among world leaders.

Previously banned from leading social media platforms like Twitter, Facebook and Instagram, Trump is now sharing his thoughts on Truth Social, a Trump-owned company that is in the process of merging with Digital World Acquisition Corporation DWAC.

After Twitter was acquired, Elon Musk removed Trump’s account, but the former president has not tweeted since the ban was lifted.

What Happened: Even before becoming president, Trump shared his thoughts on topics like finance and politics, using Twitter as his outlet.

His opinion on Apple Inc AAPL in 2014 turned out to be poor trading advice, as the company’s stock has risen sharply since Trump sold his shares.

In 2014, Trump tweeted about his disappointment that Apple iPhones did not have larger screens.

Trump said Samsung phones are better sized and Apple needs to go with a bigger screen, or the tech giant will see its sales catch up to its rival.

In a move to show his frustration, Trump tweeted on January 28, 2014, that he had sold his Apple shares.

I predicted the fall of Apples stock based on their dumb refusal to provide a larger iPhone screen option like Samsung. I sold my Apple stock, Trump tweeted.

Related Link: ‘Before I Did The Presidency,’ New Book Shows Donald Trump Is Treating The Role Of The President Like Film Or Television

Apple Stock Performance: Apple shares were trading at $451.92 on the morning of Jan. 28, 2014.

A $1,000 investment could have bought 2.21 shares of Apple at the time of Trumps tweet.

Since then, Apple shares have split 7-for-1 in 2014 and 4-for-1 in 2020. Apple’s 2.21 shares would be 61.88 shares today.

A $1,000 investment is worth $8,020.89 today, based on the $129.62 price for Apple shares at the time of writing.

Investors would have enjoyed a return of 702.1% over the past 9 years, against the former president’s advice and actions. This represents an average annual gain of 78.0%.

During the same time period, the SPDR S&P 500 ETF Trust SPY gained 116.4%, or an average annual gain of 12.9%.

Read Next: Exclusive: Will Alphabet, Amazon, Apple Or Tesla See The Biggest Growth In 2023? 44% Of Benzinga Followers Say This

Photo: courtesy of Gage Skidmoreon flickr

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