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Apple Stock Split: A Long Wait Ahead
Recent Setbacks and Future Prospects
Apple has a long history of stock splits, with five occurring since its IPO in 1980. However, experts believe it could be years before the tech giant initiates another split.
In 2023, Apple's stock surged by over 50%, but it has faced headwinds in 2024, leading to a decline in its market value. Despite this setback, Apple's stock remains historically valuable, having split five times, including a 4-for-1 split in 2014.
Factors Hinting at a Long Wait
Several factors suggest that Apple may not consider a stock split anytime soon. To reach a market capitalization of $4 trillion by the end of 2024, Apple's stock would need to appreciate by almost 40%. Such a significant increase is currently uncertain.
Additionally, Apple faces two major uncertainties in 2024: the economic outlook and the regulatory landscape. If economic conditions worsen or regulatory constraints intensify, it could further delay the company's plans for a stock split.
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