From Nasdaq:

The Apple iPad celebrates its 14th anniversary, turning from a subject of mockery to a category-defining product. The iPad promised to revolutionize technology, browsing the web, sending and receiving emails, reading books and playing games, among other things. One in two tablets worldwide is an iPad, proving its success as a first-mover in the market.

Apple stock, which was priced at $7.4243 on Jan. 27, 2010, has since increased by 2,515% to $194.17. A $1,000 investment in Apple stock on Jan. 27, 2010, would now be worth $26,153, compared to $6,982 in an index fund replicating Nasdaq, and $4,459 in an index fund replicating the S&P 500.

Since 2010, Apple has expanded its business with products like the Apple Watch, AirPods, and the Vision Pro. The iPads alone made over $28 billion in FY23, accounting for 7.4% of the company’s total revenue. The iPad Pro models are tailored for productivity and creation, sporting a large, high-resolution display and powerful M-series chipsets, expanding iPad’s use cases from simple reading and entertainment devices to something that can be used by creators as well.



Read more: If You Invested $1000 In Apple When The iPad Was Launched 14 Years Ago, Here’s How Much You’d Have Today