How to Buy Apple Stock in 2024 – Guide & Tips
Trading is risky and you might lose part, or all, of your capital invested. The information provided is for informational and educational purposes only and does not represent any type of financial advice and/or investment recommendation.
How to Buy Apple Stocks and Shares:
Step 1 – Choose a trading platform with access to US markets
Step 2 – Open an account on the selected platform
Step 3 – Deposit funds into your trading account
Step 4 – Search for Apple's stock (AAPL) and purchase the desired number of shares
What Is Apple Inc?
Apple Inc. is a renowned multinational technology company known for its groundbreaking products, software and services.
Established on April 1st, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne in Cupertino, California, the company aimed to create user-friendly, compact computers for homes and offices.
Their journey began with the Apple 1, a computer sold without a monitor, keyboard or casing.
The introduction of the Apple II in 1977 revolutionised the computer industry with its colour graphics. Apple's sales soared, and it went public in 1980.
Over the years, Apple has expanded its product and service offerings, including Apple TV, Apple Watch, Apple Music, AirPods, iCloud and Apple Pay.
The company's products have a loyal fan base willing to pay premium prices, leading to a steady cash flow.
Apple has evolved into a global tech giant, captivating consumers worldwide with its groundbreaking products, software, and services.
The company's products have redefined how we interact with technology, from the iconic Macintosh to the revolutionary iPhone and the multifaceted Apple Watch.
With its loyal fan base, Apple's shares have become a sought-after investment option.
This article will explain how to buy into Apple stock for UK investors and explore the world of Apple Inc will provide step-by-step instructions on how to buy Apple stocks from the UK and cover essential factors to consider before purchasing shares.
By analysing Apple's historical share price and market trends, it aims to equip investors with the knowledge needed to make well-informed and strategic decisions.
However, as with any investment, it's crucial to remember that the stock market involves risks, and individual outcomes may vary.
We recommend conducting thorough research, setting clear investment goals, and considering professional financial advice to align your investments with your long-term objectives.
Can You Buy Apple Stock In The US?
Apple is a publicly listed company, and its shares are traded on the NASDAQ stock exchange under the ticker symbol AAPL.
When someone purchases a share of AAPL stock, they become a part-owner of the company.
As a shareholder, you are entitled to receive a portion of the company's profits in the form of dividends if Apple decides to issue them.
Additionally, shareholders have voting rights at the company's shareholder meetings, allowing them to have a say in certain company decisions.
The price of Apple shares fluctuates based on various factors, including the company's financial performance, news and events that impact the technology industry and overall economic conditions.
This volatility can create opportunities for investors looking to buy and sell shares for potential profits.
While Apple is an American company listed on the NASDAQ, UK investors can also buy shares in the company.
However, to buy Apple stocks, UK investors need to choose a trading platform or brokerage that provides access to the US markets.
It is advisable to conduct thorough research and consider your investment goals and risk tolerance before buying shares in Apple or any other company.
Consulting with a financial advisor can also be beneficial to make well-informed investment decisions.
What Is the Apple Share Price Historically?
The share price of Apple Inc. has shown significant fluctuations over its history. Various factors have influenced its price movements, making it an interesting investment option for traders and investors.
While past performance does not guarantee future results, understanding historical trends can provide valuable insights for potential investors.
Apple's journey as a publicly traded company began on December 12th, 1980, when it conducted its initial public offering (IPO) on the NASDAQ stock exchange.
At that time, the IPO price for one share of Apple stock was $22.
The company's market capitalisation was around $1.78 billion, and it had a total of 4.6 million outstanding shares.
In the early years, Apple faced both successes and challenges.
The release of groundbreaking products like the Apple II and the Macintosh computer fueled the company's growth. However, leadership changes and intense competition in the tech industry also impacted the company's share price.
In the late 1990s, Apple experienced a downturn, and its share price plummeted. However, the company's fortunes changed dramatically with the return of Steve Jobs as CEO in 1997.
Under Jobs' leadership, Apple introduced game-changing products like the iPod, iPhone, and iPad, which revolutionised their respective industries and propelled the company's growth.
Since then, Apple's share price has experienced remarkable growth. In the early 2000s, the stock price was around $5 per share, and it currently hovers around $190 per share.
This significant appreciation in value has made Apple one of the world's most valuable publicly traded companies.
Please be aware that previous performance does not assure future outcomes. The stock market is volatile and unpredictable, causing prices to surge or plummet unexpectedly.
Therefore, investors are advised to only invest what they can afford to mitigate potential risks.
Preparation Before Purchasing
Before diving into the stock market to purchase Apple shares, it's essential to be adequately prepared. Here are some steps to consider:
Knowing How Much You Are Willing to Spend: Set a budget for your stock purchase. It's crucial to decide on an amount you're comfortable with, ensuring that it doesn't adversely affect your financial stability. Remember, the stock market can be unpredictable, and there's always some level of risk involved.
Deciding the Number of Shares You Want to Buy: Once you've set a budget, determine how many shares that budget can purchase. This will largely depend on the current price of Apple stock and any associated fees or commissions from your brokerage.
Checking the Current Price of Apple Stock: Before purchasing, always check the current stock price. This can be done through various financial news websites, stock market apps, or directly through your brokerage platform. Knowing the current price will help you determine how many shares your budget will allow you to buy and whether now is a good time for you to make a purchase.
How to Buy Stocks in Apple in the UK
To buy Apple stocks in the UK, follow these steps:
1. Choose a Trading Platform/Broker
Select a platform with low fees, access to US markets, and good customer support for beginners.
Some recommended platforms include:
Plus500
A user-friendly, FCA-regulated broker in the UK with over 60. It doesn't charge commissions, and its platform features intuitive risk management tools and accessibility via web and mobile devices.
However, investors need a minimum deposit of £100 for credit or debit card transactions and £500 for bank transfers.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro
eToro is a low-risk broker regulated by the UK's Financial Conduct Authority (FCA).
UK investors can buy Apple stocks using eToro's user-friendly platform and copy trading feature.
Account opening is free, and a $100,000 demo account is available for practice.
74% of retail investor accounts lose money when trading CFDs with this provider. Don’t invest in unless you’re prepared to lose all the money you invest.
Trading 212
Trading 212 is regulated by the FCA, and UK applicants can open an ISA account for tax-free savings through investments.
Investors only require a minimum deposit requirement of £10.
However, the research materials provided by Trading 212 are limited, making it less ideal for inexperienced investors.
The demo account is available for practice.
IG
IG is a beginner-friendly share trading platform that offers a wide range of trading instruments and markets, multiple account types, and demo accounts for practice.
However, it does charge commission fees for share trading, starting from £8 per trade, and has a custody fee of 0.25% per year for holdings over £250.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
2. Open an Account
Register an account on the chosen platform and provide the necessary personal information.
3. Deposit Funds
Once your account is verified, deposit funds into your trading account. Only deposit an amount you can afford to lose, as stock values can be unpredictable.
4. Navigate the Broker's Platform
Once you've chosen and registered with a broker, it's time to navigate its platform to find and select Apple stock.
Finding Apple Stock: Apple's stock is typically listed under the ticker symbol AAPL. Simply use the platform's search function, and type in ‘AAPL’ or ‘Apple’, and it should appear among the top results.
Reading the Stock Price and Details: Once you've selected AAPL, you'll see its current stock price, along with other relevant details such as its historical performance, volume, and more. Ensure you understand the present price, as it will influence how many shares you can buy.
5. Buy Apple Shares
After researching and deciding on the number of shares you want to purchase, it's time to place an order.
Market Order: This allows you to buy the stock at its current market price. It's the quickest method, but you might pay a slightly higher or lower price than you see at the moment of placing the order due to market fluctuations.
Limit Order: With a limit order, you set a specific price at which you're willing to buy the stock. The order will only be executed if the stock reaches that price. It gives you more control but might mean your order isn't fulfilled immediately or at all if the stock doesn't reach your set price.
Finalizing and Confirming Your Order: Once you've chosen the type of order, input the number of shares you want to purchase. Review all details, including any associated fees, and confirm the order.
6. Review Performance Periodically
Keep track of your investments and evaluate their performance regularly. Consider using tools provided by the platform to analyse the market trends.
Frequently Asked Questions
Is Apple a good stock to buy?
Apple is generally considered a good stock to buy for investors looking for long-term growth and stability.
The company's strong brand, innovative products, and loyal customer base have contributed to its success in the technology industry.
However, like all investments, there are inherent risks, and past performance does not guarantee future results; therefore, investors should conduct thorough research and consider their risk tolerance before buying Apple stocks or any other investment.
How to buy Apple shares UK?
To buy Apple shares in the UK, follow these steps:
Step 1 – Choose a reputable trading platform or broker that offers access to US markets, such as eToro, Plus500, Trading 212 and IG
Step 2 – Open an account on the selected platform and complete the necessary verification process
Step 3 – Deposit funds into your trading account, only investing what you can afford to lose
Step 4 – Search for Apple's stock (AAPL) on the platform and purchase the desired number of shares. You can also consider investing in funds that include Apple shares for diversification
Where can I buy Apple shares?
You can buy Apple shares through various online trading platforms and brokers offering US market access.
Some popular options for UK investors include eToro, Plus500, Trading 212 and IG.
These platforms provide user-friendly interfaces, access to a wide range of financial instruments, and the ability to purchase Apple shares and other stocks easily.
What is the best broker to buy Apple stocks?
The best broker to buy Apple stocks may vary depending on individual preferences and needs.
Some recommended brokers for UK investors include eToro, Plus500, Trading 212 and IG.
Consider factors like fees, customer support, regulatory compliance, and access to US markets when choosing the best broker for buying Apple stocks.
How much is it to buy shares in Apple?
The cost to buy shares in Apple depends on the current share price, which can fluctuate.
Apple's share price is around $190.
Please note that share prices may vary over time, and it's essential to check the current market price before making any purchase.
How many Apple shares should I buy?
The number of Apple shares you should buy depends on your investment goals, risk tolerance and available funds.
It's essential to consider your overall investment strategy and the proportion of your portfolio you want to allocate to Apple or any other individual stock.
Consulting with a financial advisor can help determine an appropriate investment amount based on your specific circumstances.
How can I buy shares in Apple for $100?
Apple's share price is approximately $190, so it may not be possible to buy shares in Apple for $100.
To purchase Apple shares, you would need to invest at least the current share price or consider fractional shares, which allow you to buy a portion of a share for a smaller amount.
However, it's important to note that the availability of fractional shares may vary depending on the trading platform or broker you choose.
When to buy Apple stocks?
The best time to buy Apple stocks depends on your investment strategy and individual analysis of market conditions.
It's essential to consider factors such as the company's financial performance, product launches, industry trends and overall market sentiment.
Some investors choose to buy Apple stocks for long-term growth potential, while others may take advantage of short-term price fluctuations.
Ultimately, conducting thorough research and aligning your investment decisions with your financial goals and risk tolerance is important.
Is buying Apple shares risky?
Buying Apple shares, like any investment in the stock market, carries inherent risks.
The stock market is subject to volatility and unpredictability, which can lead to fluctuations in share prices.
Various factors, such as changes in the technology industry, economic conditions and company performance, can impact the value of Apple shares.
Investors should carefully consider their risk tolerance and financial situation before engaging in stock trading activities.
Can I get rich by buying Apple shares?
While investing in Apple shares has shown substantial growth in the past, getting rich solely by buying Apple shares is not guaranteed.
The stock market is unpredictable, and individual outcomes may vary.
To increase the likelihood of long-term financial success, it's advisable to diversify your investment portfolio and consider a well-rounded investment strategy aligned with your financial goals and risk tolerance.
Should a beginner trader buy Apple shares?
For beginner traders, buying Apple shares should be approached with caution.
While Apple is a well-established company with the potential for growth, the stock market carries inherent risks.
Novice investors should start with small investments, conduct thorough research and seek guidance from experienced investors or financial advisors before making any investment decisions.
What are the main things to consider before buying Apple stocks?
Before buying Apple stocks, there are several key factors to consider:
Assess Apple's financial performance and potential for growth, including revenue growth and profitability
Evaluate the company's technological innovation and pipeline of new products
Consider your own investment goals, risk tolerance, and the overall market conditions before making a well-informed decision on investing in Apple stocks
Final Thoughts
Apple has cemented its position as a global tech giant, captivating consumers with its revolutionary products and services.
As an investor, owning a stake in this iconic company may be an appealing prospect.
However, before delving into the world of Apple stocks, it's essential to navigate the intricacies of the stock market.
Understanding the company's past share price movements and market trends can aid in making informed investment decisions.
As with any investment, the stock market carries risks and uncertainties.
Prices can fluctuate rapidly, making it vital for investors to proceed with caution and only invest what they can afford to lose.
Thorough research, a long-term perspective, and diversified investment strategies are essential components for a successful investment journey.