When Did Apple Stock Split?

Apple Inc. (AAPL) has had 10 stock splits since it began trading on Dec. 12, 1980. The stock most recently split on August 28, 2020, when it split into four new stocks: A, B, C and D.

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Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. The company’s hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, apple watch smartwatch, and apple tv digital media player. Apple’s consumer software includes the macOS and iOS operating systems, the iTunes media player, the Safari web browser, and the iLife and iWork creativity and productivity suites. Its online services include the iTunes Store, the iOS App Store and Mac App Store,apple music and iCloud.

Apple was founded steve jobs Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell Wozniak’s Apple I personal computer kit. The company was incorporated as Apple Computer on January 3 1977,[16] and sales of its computers saw significant momentum following a successful initial public offering in December 1980.[17][18] Apple formed strong partnerships with Microsoft Corporation during this period; together they created numerous products such as Aldus PageMaker for Macintosh that became industry standards.[19] Since then CEO Tim Cook has taken over many of Jobs’ day-to-day responsibilities.[20]

The First Stock Split

Apple first offered common stock to the public on December 12, 1980. At that time, Apple was trading at $22 per share. The company’s board of directors declared a 2-for-1 stock split on February 18, 1987. This meant that shareholders would receive two shares of Apple common stock for each share they owned on March 16, 1987. The split-adjusted price per share was $41.50.

Apple made two more 2-for-1 stock splits in the 1990s. The first was on June 21, 1991 and the second was on June 16, 1992. After the June 1992 split, each share of Apple common stock was worth $23.50.

The Second Stock Split

Apple Inc. (AAPL) has split its stock 4 times since the company went public on December 12, 1980. The stock split on a 7-for-1 basis on June 6, 2014 and split on a 2-for-1 basis on February 28, 2005, June 21, 2000, and June 16, 1987. The largest split in Apple history was the 7-for-1 stock split announced by Apple CEO Tim Cook during their earnings call on April 23, 2014 and executed six weeks later on June 6. This was followed by the 2-for-1 stock split announced on February 28, 2005 and executed on June 21 of that same year.

The Third Stock Split

Apple Inc. (AAPL) has grown tremendously since it first started trading publicly in 1980. The company’s market capitalization currently stands at over $2 trillion, making it the most valuable company in the world. AAPL shares have split three times since the company went public, and each split has been followed by strong gains in the stock price.

Apple’s first stock split occurred on June 16, 1987. The stock split 2-for-1 and was followed by a gain of nearly 60% over the next 12 months. Apple’s second stock split occurred on June 21, 2000. This time, the stock split 2-for-1 again and was followed by a gain of over 50% over the next 12 months.

The most recent Apple stock split was a 7-for-1 split that occurred on June 9, 2014. Since then, AAPL shares have more than tripled in value.

The Fourth Stock Split

The fourth stock split in Apple’s history took place on February 28, 2014, with a 7-for-1 stock split. This meant that for every one share of Apple an investor owned, they would receive six additional shares. The move increased the number of shares outstanding from 806 million to 5,727 million and was designed to make the stock more accessible to a wider range of investors. For example, prior to the split, if someone wanted to buy 100 shares of Apple, they would have had to pay $525 per share ($52,500 total). After the split, they would only have had to pay $75 per share ($7,500 total).

Apple has now split its stock four times in its history. Each time, the company has seen a significant increase in its stock price in the months and years following the split. For example, Apple’s stock price was $700 per share at the time of its fourth stock split in February 2014. By June 2015 (15 months later), the price had more than tripled to over $2,100 per share.

The Fifth Stock Split

Apple has split its stock five times since the company went public on December 12, 1980. Below are the dates of each split and the split ratio.

-First split: June 16, 1987 (2-for-1)
-Second split: June 21, 2000 (2-for-1)
-Third split: February 28, 2005 (7-for-1)
-Fourth split: June 9, 2014 (7-for-1)
-Fifth split: August 31, 2020 (4-for-1)

The Sixth Stock Split

On June 9, 2014, Apple Inc. (AAPL) completed a 7-for-1 stock split, its sixth such split since going public in 1980. (For related reading, see: Apple Stock Could See 100% Gain: Goldman Sachs.)

The company first split its shares 2-for-1 on June 16, 1987, when each share was worth $86.50. The move was designed to make the stock more affordable and therefore more attractive to a wider range of investors. Since the first split, Apple’s stock price has climbed steadily, despite several splits and periods of volatility along the way. Furthermore, the company’s market capitalization has increased from about $6 billion at the time of the first split to more than $700 billion currently. (See also: Apple Stock Has More Room to Run.)

The Seventh Stock Split

On June 9, 2014, Apple stock split for the seventh time. This was a 7-for-1 stock split, meaning that for each share of Apple stock you owned pre-split, you would receive seven shares post-split. So, if you owned 100 shares of Apple stock before the split, you would own 700 shares after the split. The stock price was adjusted accordingly, such that the market capitalization of Apple post-split was identical to its pre-split market capitalization.

The Eighth Stock Split

Apple Inc. (AAPL) has split eight times since the company went public on December 12, 1980. The stock most recently split on August 28, 2020, when it split 4-for-1. AAPL’s eight stock splits have occurred as follows:


Apple’s seventh stock split was the largest of the company’s splits. Prior to the seventh split, Apple last split its shares 3-for2 on February 28, 2005.


In conclusion, Apple has split its stock three times since going public in 1980, with the most recent split happening in 2014. While stock splits don’t necessarily mean that a company is doing well, it could be Sign that the company’s management believes that the stock is undervalued and that there is upside potential. If you’re thinking about investing in Apple, or any other company for that matter, it’s important to do your own research to make sure that it’s a good fit for your investment goals.

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