'Apple, which surpassed $2 trillion in market capitalization for the first time,'

Apple, which surpassed $2 trillion in market capitalization for the first time, will begin trading on the 31st (local time) at a four-to-one face-to-face price. Should we put more Apple stocks that have become cheaper? CNBC reported that if you look at Apple's face-to-face split cases in the past, you should be careful.

According to CNBC, Apple shares will begin trading at $125 a share. The world's most valuable company has become more attractive to individual investors. In the past, however, Apple's face-to-face split cases warn that it could be dangerous to jump into buying.

Apple split one week into two weeks in 1987 and 2000, respectively. Apple split its shares at the same rate in 2005, and split its shares at 7 to 1 in 2014.

Face division is often used by bloated companies. Earlier at the end of last month, Apple announced its biggest quarterly performance and announced a face-to-face split of 4 to 1 stocks. This is the fifth time. The face-to-face division does not change corporate value, but as the price per share has lowered, the influx of small investors will increase, which can be expected to increase stock prices due to the overall increase in trading volume.

However, CNBC pointed out that Apple's stock price dropped 5.6 percent on average in the past two weeks after four face-to-face splits. Compared to the Dow Jones Industrial Average's 0.16% rise over the same period, the trend was not very good.

Sam Stoval, chief investment strategist at CFRA, analyzed that Apple's stock price rose 36% over a year after face-to-face split in 2014. In 2000, however, Apple's stock price plunged 60 percent due to the collapse of the IT bubble.

Apple's share price has risen 70 percent this year and has risen more than 30 percent since the announcement of face-to-face split at the end of last month. Some point out that the current stock market is similar to the dot-com bubble in the early 2000s, with a small number of IT stocks leading the rise. Apple's stock price is likely to fall in the future.

On the other hand, some predict that Apple's stock price will continue to rise for the time being. The U.S. central bank, the Federal Reserve, said it would maintain ultra-low interest rates for at least five years, and it is predicted that Apple will enter the supercycle for the next 12-18 months as it launches the iPhone 12.

Wedbush's Daniel Ives said 350 million of the world's 950 million iPhones are expected to be replaced by new iPhones, setting Apple's expected share price at $600 per share. Considering that the closing price before the face-to-face split was 501 dollars, the stock price is expected to rise another 20 percent in the future.