Outstanding.
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People often look at stock price and not the outstanding shares, which have consistently DECREASED since 2000 (our CFO is very proud of the buybacks on the quarterly reports). At Cisco peak price in 2000 there were about 6.9 billion outstanding shares. Today there are about 4.2 billion (and no stock splits as mentioned).
Cisco's peak market cap in the year 2000 was $546 billion. Not even accounting for inflation, CSCO today would need to be at $130/share to match the peak market cap of 2000. We're a long ways from that.
So...being the same as January 2000 isn't really saying much given the difference in outstanding shares. Assuming you were comparing $60 in January 2000 - that would be around $99 today to get the same market cap (not inflation adjusted).
A great comparison. The late 90s and early 2000s Cisco were a great innovative company. The advent of cloud computing and more agile organisations have seen Cisco miss opportunities and appear to become more like a rusty ole telco. A shame but the image now is overpriced and overly buggy solutions from my experience...
There was a bubble in the early 2000s almost cased a 2008 like crash but the war in Afghanistan propped everything up.
There has been zero stock splits for CSCO for the past 21 years. Why is that?
100 shares owned in 1998 would equal 7,200 shares today. I would take that action.
What about inflation? I'd put annual inflation at 3% over 21 years.
Also don't forget about the billions of debt we have due to stock buybacks and acquisitions to artificially inflate the stock price.
The price will climb higher once the server business is sold.
Really? What are the month and year dates on those many splits after January 2000?
Those little numbers on the data are called years.
Wrong, many.
https://www.fool.com/investing/2018/03/12/cisco-stock-split-history-why-the-networking-giant.aspx
Zero.
https://getsplithistory.com/CSCO
Yes ... but how many stock-splits since 2000 ?