Apple, the world’s largest tech company listed on the Nasdaq exchange, has a whopping market cap of $2.42 trillion. In the first fiscal quarter of 2021, Apple published a net income of $29 billion on a record-breaking revenue of nearly $111.5 billion.
In this guide, we’ll show you how to buy Apple stock online.
In This Guide
One key to Apple’s current success and growth has been the iPhone. The market-leading smartphone, which was launched in 2007, revolutionized the mobile phone industry and triggered years of unprecedented expansion, and aggregated a loyal pool of consumers willing to buy Apple goods and services year after year.
With a market cap of around $2.42 trillion many beginners and advanced traders flock to Apple stocks when it comes to stock trading. If you want to buy Apple stock, you will need an online trading platform. However, with so many available options out there it’s hard to not feel saturated by the sheer quantity of online brokers.
In this section, we’ll cover two popular and regulated brokers.
If you’re amongst the thousands of beginner traders who want to buy Apple shares, you may consider eToro. This online social trading platform is home to more than 20 million traders worldwide and offers more than 800 stocks across 17 international markets. This includes the Nasdaq exchange, which means you can buy Apple stock with the click of a button without having to pay a penny in commissions.
eToro does not charge any dealing commissions. This means that you can buy Apple stocks on a commission-free basis.
Furthermore, eToro is suitable for investors looking to trade stocks and other tradable assets on a tight budget. This is because there is no requirement for you to buy a full Apple stock, which at the time of writing comes to $144.48 per share.
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eToro supports fractional share trading which allows you to invest from just $50. Some of the features of fractional share trading include:
eToro also supports forex trading, crypto trading, and CFD derivatives trading. With stock CFDs, you can go short and speculate on the market price of Apple stocks dropping, while also using leverage of up to 5:1. This means that an initial deposit of $100, known as the margin, would allow you to gain access to a $500 position. But, it is important to note that leverage can amplify both potential profits and losses.
Furthermore, eToro is a widely popular social trading platform that offers several copy trading tools referred to as CopyTrader and CopyPortfolios. These copy trading features allow you to either copy the trades of other experienced eToro investors or invest in themed portfolios or portfolios of investors.
Opening an account is fully digital and you can deposit funds into your live trading account directly from the eToro trading app. When it comes to payment methods you can use debit cards, credit cards, PayPal, bank transfers, Neteller, and more. While there are no deposit fees, the only available account base currency is USD, which means that any non-USD deposits incur a 0.5% conversion fee. Nevertheless, this allows you to trade US and non-US stocks with ease.
eToro is fully regulated by the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). Additionally, depending on your country of residence, you are covered by the ruling regulator’s investor protection schemes as well as negative balance protection.
Launched in 2016, Capital.com is a global CFD and forex broker that provides access to more than 2,700 stock CFDs with 0% commission and competitive spreads.
Capital.com offers many of its brokerage services without a charge. As a result, the CFD trading platform’s fees are mainly based on market-leading spread charges. For example, the average spread for Apple stock CFDs is just 0.89 pips.
Furthermore, at Capital.com both the trading and non-trading fees are low. Traders can take advantage of:
Unlike many online brokers out there, Capital.com charges an overnight fee that is determined by the leverage provided as opposed to the total value of the position for cryptos, stocks, and thematic investments. On the other hand, the overnight fee charge for indices, commodities, and forex pairs is based on the total value of the trade.
Capital.com also facilitates spread betting, which is a derivative trading strategy in which investors do not take ownership of the underlying financial asset. Instead, spread betting allows you to speculate on whether the asset’s market price will increase or drop.
Additionally, you can connect your Capital.com trading account with the MetaTrader 4 platform or TradingView which offer a range of sophisticated charting tools and trading features.
In terms of regulations, Capital.com is regulated by the FCA, and CySEC and offers client fund protection which varies depending on the legal entity you belong to. Capital.com also offers negative balance protection which means that you are covered if your account balance falls below zero.
Apple has split its stock multiple times since its IPO (initial public offering) in 1980. The first split was announced on 06/16/1987 on a 2-for-1 basis, then:
Publicly listed companies split stocks to generate additional shares as a way of increasing liquidity. While the quantity of shares alters, stock splits do not change the market value as the total USD value of the shares stays the same.
Let’s take a look at the historical data for Apple stock in July 2021:
Apple’s robust sales figures are driven by its array of innovative goods and services such as the iPhone, iPod, iPad, wearables including the Apple Watch, and services like the iCloud, Apple TV, Apple Music.
Apple stock lingered around the $31 per share mark in the second fiscal quarter of 2015. At the time of writing, Apple stock is priced at $144.50 which represents an increase of 366.129% in the space of six years. Furthermore, this is after five stock splits which means that if Apple had never been split it would have been valued at about $27,500 per share.
According to CNN Business, 40 investment analysts providing a one-year price forecast for Apple have an average target of 160.00, a high target of 185.00, and a low forecast of 90.00. The average target indicates a rise of 10.70% from the previous price of 144.53.
According to TipRanks, a stock market research, news, and analyst forecast platform, there is a widespread bullish sentiment amongst analysts and bloggers.
Apple is a dividend-paying stock in terms of long-term ROI.
Apple made history by becoming the first publicly listed blue-chip company to hit a market capitalization of over $1 trillion in August 2018. Since then it has achieved a current market cap of $2.41 trillion.
Currently, Apple’s payout ratio is 24% of its revenue and approximately 19.5% of its cash.
Apple first offered its stock publicly in 1980 at a price of $22 per share. Since then the stock has split five times and has hit a market cap of $2.42 trillion. If the stock never split after its initial public offering, the price would be at $32,368.
When you buy Apple stock through some brokers you will benefit from 0% commission stock trading. Furthermore, some brokers also support fractional share trading which means that you can invest as little as $50 to buy a portion of a whole Apple stock while still gaining exposure to the Nasdaq exchange and Apple’s price movements.
Since its IPO in 1980 at $22 per share, Apple stock has split five times on a 2-for-1 basis in 1987, 2000, and 2005, a 7-for-1 basis in 2014, and a 4-for-1 basis in 2020.
Apple stock is currently priced at $144.50, with its all-time high closing price recorded on July 9th, 2021.
You can invest in Apple stock directly, via CFD derivatives or fractional share trading with many brokers.
The price of Apple stock before its 7:1 split on the 31st of May 2014 was $656 per share.
Dassos Troullides is an experienced finance writer who specializes in CFD, stock, and crypto trading. He uses his experience and time spent in the forex industry to simplify complex financial topics for easy, informative reading. Dassos also writes for BuyShares.com, InsideBitcoins.com, LearnBonds.com, ForexCrunch.com, and EconomyWatch.com
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