When will Apple split its stock?

Apple will split its stock for the fifth time in its history, the iPhone maker said on Thursday after reporting strong earnings that beat analysts' estimates. Apple said it would enact a 4-for-1 split onAugust 24, meaning that each share owned by an investor today will turn into four shares.

How long did Apple's share price go up after the IPO?

For the 20 years after its late-1980 IPO, the share price only doubled in value through Dec. 31, 2000. Much like the stock splits in Apple’s early history, the company’s stock splits in the 2000s and onward were prefaced by a run-up in stock price. Performance in the year after the split was respectable, too.

What is Apple's four-for-one stock split?

Apple on Thursday announced in its fiscal third-quarter earnings that the Board of Directors has approved a four-for-one stock split. That means that, for each share of Apple stock that an investor owns, they’ll receive three additional shares. It also makes single shares in Apple more affordable for investors to buy.

What is a stock split?

Stock splits -- when a company decides to increase its number of shares outstanding by dividing existing shares or by multiplying share count and reducing share price to compensate -- can stir up a lot of investor excitement. Apple ( NASDAQ:AAPL) is a perfect case in point.