In June 2020, rumors circulated that Apple Inc (NASDAQ:AAPL) was venturing into the world of virtual reality (VR) and augmented reality (AR).
Today, as the tech giant’s annual Worldwide Developers Conference (WWDC) takes off, investors and tech enthusiasts are anticipating a walk-through of the Cupertino, California-based company’s newest product — its AR/VR headset.
But, what if you had invested $1,000 in Apple when the AR/VR rumors started? Shares were trading at $351 at the time, so a $1,000 investment would’ve yielded an investor 2.85 shares.
Though, Apple enacted a 4:1 stock split …