Michal Ždanský As Apple forwarded during of the latest announcement of financial results in April, distributed all his shares at a ratio of 7 to 1. For investors, this means that one share is currently worth seven times less, and for every one share they own, they get six more. The share price after the split is derived from Friday's value at the close of the stock market. The new value of one share is thus a little over 92 dollars, roughly over eight dollars less than the shares would have been worth at their previous peak. That's when their value climbed to $705, or $100,72 after the split.
Stock splits are nothing new for Apple, having already split shares three times in 1987, 2000 and 2005, each time at a ratio of 2 to 1. According to Apple, the reason for the stock split is greater accessibility for smaller investors, another unspoken reason could also be to to the Dow Jones Industrial Average index, which is based on the share price of large technology companies, we can find here, for example, IBM, Intel, Microsoft, Cisco, AT&T and Verizon. The previous stock value would have skewed the index too much, now it is much more suitable for inclusion.
Apple still holds the place of the most valuable company in the world with a capitalization of 557 billion dollars, holding a lead of 120 billion over the second Exxon Mobil. Apple's share price has been pretty wild over the past year, but it's slowly returning to the highs it hit in September 2012.
