Apple has conducted a number of stock splits in its history but the most recent one occurred in 2020. Apple Inc. undertook a conventional stock split at a ratio of four for one, meaning one share became four shares, and the original share price was evenly divided into those four shares. The company went from having 12 billion shares valued at roughly US$500 to having 50 billion shares at the price of US$125. Lowering the share price made investing in Apple more accessible.