Option A: 'The Apple of my eye'

Long-term Apple (NASDAQ:AAPL) shareholders have seen an incredible return on their investment; a $22 share in the company when it first went public in 1980 would have been worth approximately $22,896 in 2020 (before inflation and not including dividend payments).

1. Why do companies split their stock? What does a stock split do to a business' financial statements?
2. Does the investor lose money after a stock split? How does a stick split help the investors?
3. How many times has Apple stock split since it went public?

Please the answer should be at least 300 words. Thank you so much!