AAPL’s worst drop since 1999 was 82%
Apple Inc. (AAPL) fell 82% from Mar 2000 to Apr 2003. It took 4.8 years from that peak to close at a new high, in Jan 2005. Over the same years the S&P 500 fell as much as 55%.
That drop ranks 335th deepest among the 986 stocks PortfolioAutopsy tracks.
Drawdown from the last high, 1999 to now
How AAPL held up in each crash
| Crash | Years | AAPL | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | −81.1% | −47.5% |
| Financial crisis | 2007–09 | −60.9% | −55.2% |
| COVID crash | 2020 | −31.4% | −33.7% |
| 2022 rate shock | 2022 | −30.9% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how AAPL behaves inside your whole mix, with the worst 12 months, loss odds and crash replays. Free, no signup, and the math runs in your browser.
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What was AAPL’s maximum drawdown?
AAPL’s deepest fall since 1999 was 81.8%, from its high on March 22, 2000 to its low on April 17, 2003. The figure uses daily prices with dividends reinvested.
How long did AAPL take to recover?
4.8 years. AAPL first closed above its Mar 2000 high again on January 26, 2005.
Was AAPL riskier than the S&P 500?
Over the same years, AAPL’s worst drop was 81.8% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −75.2% against −47.4%.
Compare with
Daily adjusted closes from Yahoo Finance, January 5, 1999 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.