Shulou(Shulou.com)11/24 Report--

CTOnews.com, January 16 (Xinhua) former US President Donald Trump (Donald Trump) missed millions of dollars in revenue by selling shares in Apple and Microsoft prematurely, according to newly released tax returns.

Trump and his wife Melania sold six stocks, including Microsoft and Apple, in early 2017, according to data combed by foreign technology media Newsweek.

CTOnews.com learned that after he sold the shares, the shares of Apple and Microsoft soared, setting record market capitalization records for 2021 and 2022, respectively. The media statistics said that if Trump could continue to hold the shares and sell them now, he could earn an extra $5 million (currently about 33.6 million yuan).

Trump bought $481505 worth of Apple shares (currently about 3.236 million yuan) and $248867 worth of Microsoft shares (currently about 1.672 million yuan) in October 2013, according to tax return information. Then Trump sold shares in six companies, including Apple and Microsoft, when he became president in early 2017.

Trump sold his Apple shares for $833118 (currently about 5.599 million yuan), earning $351613 (currently about 2.363 million yuan), with a return of 73 percent. Selling Microsoft shares at a price of $464558 (currently about 3.122 million yuan) earned $215691 (currently about 1.449 million yuan), with a yield of 87 percent.

Overall, the former president earned a net income of $642000 (currently about 4.314 million yuan) from his initial investments in seven companies in 2017, a return of 47 per cent. By contrast, the s & p 500 is up about 32% over the same period.

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