Apple Inc (AAPL)
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]
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 StatementsAnalyst 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.
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
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 ...
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...
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.
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...
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.
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.
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...
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.
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.
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.
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...
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.
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.
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.
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.
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.
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...
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.
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.
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.
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...
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.
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.
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.