Though once the world leader, Apple Incorporated (AAPL) is currently the world's second largest company by market capitalization, boasting a value of $991.24 billion on June 28, 2019. But nothing can take away the fact that the global tech giant and smartphone manufacturer holds the distinction of becoming the first company ever to reach a market cap of $1 trillion, hitting a record high of $1,129.37 trillion, on August 27, 2018.

Although Apple has since given way to Microsoft (MSFT) as the current market cap leader, Apple's financials are still irrefutably robust. For its fiscal 2019 third quarter, ending in June 29, it posted quarterly revenue of $53.8 billion, which represents an increase of 1% from the year-ago quarter. This continues its trend of revenue growth, as its Q4 2018 income was 20% above the same period, one year before that.

With an initial public offering price of $22, apple has grown dramatically over time, with the following series of stock splits:
--June 16, 1987: Two for One Stock Split
--June 21, 2000: Two for One Stock Split
--February 28, 2005: Two for One Stock Split
--June 9, 2014: Seven for One Stock Split

To fully appreciate Apple's stratospheric growth, consider how its 1980 initial public offering (IPO) price of $22, grew more than ten times over, to hit a $227.63 share price on August 31, 2018. Although the stock price has modestly backslid to $200.99, on August 12, 2019, its road to success has exhibited many stock splits. The following milestones illustrate how early-to-the-game Apple investors might have gained from their initial investments.

1980: Apple IPO

Apple launched its initial public offering on December 12, 1980. An investor who purchased 10 shares of Apple at the company's IPO price of $22 per share, would have had to pay $220. Four stock splits and nearly 30 years later, that same investor today would own approximately 560 shares of AAPL.

1987: Two for One Stock Split

Apple's first stock split occurred on June 16, 1987. Those who purchased 10 shares when the company launched would have doubled their holdings to 20 shares, valued at $41.50 each, at the time of market close. Mathematically speaking, that initial $220 investment would suddenly be worth $830.

2000: Two for One Stock Split

Apple's second stock split occurred on June 21, 2000. At this point, the original 10 share investment would have ballooned to 40 shares of stock, each valued at $101.25 at market close. Consequently, the initial investment would be worth $4,050 on that day.

2005: Two for One Stock Split

Apple issued its third two for one stock split on February 28, 2005. Following the move, the original shares would have multiplied to 80 shares, valued at $44.86 at market close. Therefore, the initial investment would then be worth an impressive $3,588.80.  

2014: Seven for One Stock Split

Apple issued its fourth stock split on June 9, 2014, this time at an astonishing rate of seven to one. Thereafter, the 80 shares would have become 560 shares--each valued at $93.70 on June 9, 2014, making the initial 10-share investment worth $52,472.

Present-Day Value From an Apple IPO Investment

Apple closed at $200.48 on August 12, 2018. At that price, an initial investment of $220 in 22 shares would be worth $112,268.8, not including dividends. That's a whopping 51,031.27% return on the initial investment!

[Important: Like most publicly-traded companies, Apple's stock splits largely coincided with times when its share price was so high, company management worried that new investors would be deterred from buying stocks.]