What If Apple Had Entered Dow in 2008?
What If Apple Had Entered the Dow Instead of BofA?
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In February 2008, Apple Inc. had Steve Jobs, a market value of $100 billion and a year’s worth of iPhone sales. What would’ve happened if it had gone into the Dow Jones Industrial Average then?
It didn’t, of course: Bank of America Corp. was added to the 118-year-old gauge that month, only to be kicked out five years later. The CHART OF THE DAY shows a theoretical estimate of how choosing Apple instead would have affected the Dow’s trajectory.