AAPL: Back in the grooveJuly 10, 2011: 6:19 AM ET
Take away the crash of 2008, and you can see Apple's share price go up $100 every year
Terry Gregory, who collects what he calls "useful stats" at AAPLInvestors.net, has created the chart at right that shows the year-over-year percentage increases in Apple's (AAPL) share price every month for the past five and half years, starting with January 2006.
Investors troubled by the stock's lackluster performance in the winter and spring of 2011 can take comfort in all those green double and triple digit numbers.
Moreover, thanks to the run-up over the past 20 days, you can, according to Gregory, draw a line from July 2006 to July 2011 and -- if you ignore the 2008 market crash and its aftermath -- watch Apple's share price go up roughly $100 every year.