Apple Inc (AAPL)

NASDAQ: AAPL · IEX Real-Time Price · USD
183.38
+10.35 (5.98%)
At close: May 3, 2024, 4:00 PM
183.80
+0.42 (0.23%)
After-hours: May 3, 2024, 7:59 PM EDT
5.98%
Market Cap 2.83T
Revenue (ttm) 381.62B
Net Income (ttm) 100.39B
Shares Out 15.44B
EPS (ttm) 6.43
PE Ratio 28.52
Forward PE 26.26
Dividend $1.00 (0.55%)
Ex-Dividend Date May 10, 2024
Volume 157,741,757
Open 186.65
Previous Close 173.03
Day's Range 182.66 - 187.00
52-Week Range 164.08 - 199.62
Beta 1.28
Analysts Buy
Price Target 204.00 (+11.24%)
Earnings Date May 2, 2024

About AAPL

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, ... [Read more]

Sector Technology
IPO Date Dec 12, 1980
Employees 161,000
Stock Exchange NASDAQ
Ticker Symbol AAPL
Full Company Profile

Financial Performance

In 2023, Apple's revenue was $383.29 billion, a decrease of -2.80% compared to the previous year's $394.33 billion. Earnings were $97.00 billion, a decrease of -2.81%.

Financial Statements

Analyst Forecast

According to 32 analysts, the average rating for AAPL stock is "Buy." The 12-month stock price forecast is $204.0, which is an increase of 11.24% from the latest price.

Price Target
$204.0
(11.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Warren Buffett backs Apple after firm sells millions of shares in iPhone maker

Berkshire Hathaway CEO stressed relationship at annual meeting attracting Apple CEO Tim Cook, Bill Gates and Bill Murray

1 hour ago - The Guardian

Warren Buffett on Berkshire Hathaway's investment in Apple

When asked why Berkshire trimmed its Apple position, Buffett suggested it was for tax reasons following sizable gains on the investment and not any judgement of his long-term view of the stock. Watch ...

2 hours ago - CNBC Television

Warren Buffett explains why Berkshire reduced its big Apple stake

Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. Watch the full coverage of Berkshire Hathaway annual shareholders meeting on https://www.cn...

2 hours ago - CNBC Television

Warren Buffett cuts Berkshire's stake in Apple by 13% as iPhone sales slump

Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. CNBC's Steve Kovach reports on the latest move of Berkshire Hathaway on Apple.

4 hours ago - CNBC Television

Warren Buffett's Berkshire Hathaway cut Apple investment by about 13% in the first quarter

Warren Buffett's Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of Omaha” continued to downsize his one-time favorite bet. Watch the full coverage of Berkshire Hat...

4 hours ago - CNBC Television

Warren Buffett's Berkshire Hathaway cut Apple investment by about 13% in the first quarter

Berkshire reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake.

6 hours ago - CNBC

Unlikely Apple will unveil AI enabled feature with new iPad, says Cleo Capital's Sarah Kunst

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

18 hours ago - CNBC Television

Wall Street analysts raise Apple price targets on monster buyback

Wall Street analysts are raising their target prices of Apple (APPL) after the tech giant exceeded earnings expectations and announced the authorization of $110 billion share buyback program. Analysts...

18 hours ago - Yahoo Finance

Apple iPhone weakness in China is overdone, says Wells Fargo analyst

Aaron Rakers, Wells Fargo Securities managing director, joins 'Fast Money' to talk the bull case for Apple, iPhones and AI, and what's ahead for the tech company.

20 hours ago - CNBC Television

This might be the best iPhone cycle Apple's ever had, says Melius' Ben Reitzes

Ben Reitzes, Melius Research Head of Technology Research, joins 'Closing Bell Overtime' to talk Apples big earnings beat.

20 hours ago - CNBC Television

Bulls Were Right to Reward Apple (AAPL)

Bulls were right to reward Apple this week, but the worst economic data in more than a year is no cause for celebration, says OJ. The Risk Radar closes the week with one more key change.

21 hours ago - Schwab Network

Here's how much Buffett's Berkshire Hathaway could make from Apple's dividend hike

Buffett, the CEO of Berkshire Hathaway, famously loves stocks that pay dividends to shareholders and is therefore likely thrilled that Apple Inc. AAPL, +5.98% announced Thursday it will increase its c...

21 hours ago - Market Watch

Summary Notice of Pendency and Proposed Settlement of Shareholder Derivative Actions

CUPERTINO, Calif., May 03, 2024 (GLOBE NEWSWIRE) -- Apple Inc. has released the following notice: A Federal Court authorized this Notice.

21 hours ago - GlobeNewsWire

Stock Market Today: Stocks Soar on Apple Buyback News, Jobs Data

The main indexes rallied hard to end the week thanks to Apple's $110 billion stock repurchase plan and a big April payrolls miss.

22 hours ago - Kiplinger

Apple remains Buffett's biggest public stock holding, but his thesis about its moat faces questions

Berkshire Hathaway has been amassing a stake in Apple since 2016, and now owns about 6% of the iPhone maker.

22 hours ago - CNBC

Apple Beat Its Own Record With A Blockbuster Buyback

Apple Inc. (AAPL)'s $110 billion stock buyback announcement is the largest stock buyback program in recent history, beating its own record set in 2018.

23 hours ago - Investopedia

Apple: Here's why Morgan Stanley's Erik Woodring is bullish on the stock

Erik Woodring, Morgan Stanley executive director, joins 'Closing Bell' to discuss Apple after shares popped on its earnings beat and what it means for the stock.

23 hours ago - CNBC Television

Apple Rallies Most in 18 Months

Apple shares jumped the most in almost a year-and-a-half after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism th...

23 hours ago - Bloomberg Technology

Bullish Two Hundred Day Moving Average Cross - Apple

In trading on Friday, shares of Apple crossed above their 200 day moving average of $181.25, changing hands as high as $187.00 per share. Apple shares are currently trading up about 6.6% on the day.

23 hours ago - Forbes

Apple might be 'stuck in the last tech boom,' says Needham's Laura Martin

Laura Martin, Needham senior internet and media analyst, joins CNBC's 'The Exchange' to share outlooks on Apple, where the company stands in the AI race, and more.

23 hours ago - CNBC Television

Three things we learned about Apple's AI plans from its earnings

Despite spending more than $100 billion on R&D over the last five years, Apple isn't planning to spin up too many new data centers to run or train AI models.

23 hours ago - TechCrunch

Apple is a great company, but investors should be careful, analyst says

Shares of Apple (AAPL) are rising after the tech company announced that will execute a record $110 billion share buyback program. While once considered a part of the Magnificent Seven tech stocks, som...

23 hours ago - Yahoo Finance

Apple's stock could be poised for more run-up, says Bernstein's Toni Sacconaghi

Toni Sacconaghi, Bernstein senior research analyst, joins 'Power Lunch' to discuss Apple as the stock of iPhone maker popped on earnings beat.

23 hours ago - CNBC Television

Apple's Eyes $110 Billion Stock Buyback Plan

Anurag Rana, Bloomberg Intelligence Technology Analyst, joins Paul Sweeney and Alix Steel, to recaps Apple earnings and the future of their AI strategy.

1 day ago - Bloomberg Markets and Finance

AI Could Breathe Life Back into Apple's iPhone Sales

Apple — and investors — are looking to artificial intelligence to breathe new life into its offerings, particularly as iPhone sales continue to sputter.

1 day ago - WSJ