Apple Inc (AAPL)

NASDAQ: AAPL · IEX Real-Time Price · USD
168.15
-1.23 (-0.73%)
Apr 17, 2024, 3:04 PM EDT - Market open
-0.73%
Market Cap 2.60T
Revenue (ttm) 385.71B
Net Income (ttm) 100.91B
Shares Out 15.44B
EPS (ttm) 6.42
PE Ratio 26.48
Forward PE 24.88
Dividend $0.96 (0.57%)
Ex-Dividend Date Feb 9, 2024
Volume 36,333,844
Open 169.61
Previous Close 169.38
Day's Range 168.07 - 170.65
52-Week Range 162.80 - 199.62
Beta 1.28
Analysts Buy
Price Target 204.93 (+21.87%)
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 31 analysts, the average rating for AAPL stock is "Buy." The 12-month stock price forecast is $204.93, which is an increase of 21.87% from the latest price.

Price Target
$204.93
(21.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Call of the Day: is Apple 'dead money'?

The Investment Committee debate whether Apple is "dead money" according to a note from Maxim Group.

1 hour ago - CNBC Television

Tech layoffs still in spotlight after Apple and Take-Two cuts. But how does 2024 compare to 2023?

The tech sector layoffs that characterized 2023 have continued into 2024 with several big-name companies announcing cuts.

Other symbols: TTWO
5 hours ago - Market Watch

JPMorgan's Dimon Says Apple Is a Competitor and Partner

JPMorgan Chief Executive Officer Jamie Dimon, a titan in the banking industry, sits down with Emily Chang to discuss how artificial intelligence is changing banking and how his firm competes and partn...

6 hours ago - Bloomberg Markets and Finance

Apple's Work In Healthcare Is Just Getting Started

Apple's ecosystem of products has always been described as bold, beautiful and ground-breaking. From its innovative reinvention of the mobile phone to how far it has redefined the personal device ecos...

7 hours ago - Forbes

Apple keeps looking for new places to make its stuff that aren't China

Tim Cook discussed manufacturing in Indonesia with president Joko Widodo, Reuters reported. Such a move would help Apple reduce its reliance on manufacturing in China.

7 hours ago - Business Insider

Apple Could Cut Exposure to China by Manufacturing in This Asian Country

Apple CEO Tim Cook said “the investment ability in Indonesia is endless” during a visit to the country.

7 hours ago - Barrons

Apple CEO says company will ‘look at' manufacturing in Indonesia

Apple CEO Tim Cook said the company will “look at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday.

9 hours ago - Market Watch

Apple will 'look at' manufacturing in Indonesia, CEO Cook says, as China diversification push continues

Apple CEO Tim Cook said the company will "look at" manufacturing in Indonesia, following a meeting with the country's President Joko Widodo.

10 hours ago - CNBC

Apple supplier Foxconn introduces rotating CEO role

Taiwan's Foxconn has this month started a rotating chief executive system in an overhaul of its management designed to nurture successors of the world's largest contract electronics maker, chairman Yo...

10 hours ago - Reuters

Apple CEO meets Indonesia leader to talk investments

Apple chief executive Tim Cook met Indonesia's president on Wednesday, as the tech giant explores ways to invest in Southeast Asia's biggest economy and diversify supply chains away from China.

10 hours ago - TechXplore

Apple CEO says looking into possibility of building manufacturing facility in Indonesia

Apple Inc will look into the possibility of building a manufacturing facility in Indonesia, its CEO said on Wednesday after meeting President Joko Widodo.

15 hours ago - Reuters

Trade Tracker: Stephanie Link buys more Apple

Stephanie Link, chief investment strategist at Hightower, joins CNBC's "Halftime Report" to explain why she's buying more Apple.

1 day ago - CNBC Television

Here's What Will Sustain Apple Amid China Sales Drop

Deepwater Asset Management co-founder and managing partner Gene Munster reveals the key to Apple overcoming its significant sales downturn in China and discusses the headwinds facing chipmakers like I...

1 day ago - Bloomberg Markets and Finance

China is still struggling to fix its demand problem — and that's bad news for the likes of Apple and Tesla

China's economy expanded by a better-than-expected 5.3% in the first three months of 2024. But analysts are flagging sluggish home and retail sales as a sign of weak demand.

Other symbols: TSLA
1 day ago - Business Insider

Apple believes that AI is the future

Apple wanted all eyes to be on the Vision Pro when it launched. There's a lot more excitement about its plans with AI instead.

1 day ago - Business Insider

Apple wants to spend more on suppliers in Vietnam

Apple Inc. CEO Tim Cook said on Tuesday in Hanoi the U.S. tech giant wanted to boost its investment in Vietnam, state media reported.

1 day ago - Reuters

Ad transparency tools are 'major disappointment' ahead of election, new study shows

A new study concludes that ad transparency tools from major platforms like Google, Meta and X are insufficient for users and researchers.

Other symbols: GOOGLMETAMSFTPINSSNAP
1 day ago - CNBC

Apple's (AAPL) upcoming A.I. Initiative & Tesla (TSLA) Laying Off 10% of Workforce

Apple (AAPL) 1Q iPhone shipments dropped 10%. Ivan Feinseth discusses what to expect from Apple's upcoming A.I.

Other symbols: TSLA
1 day ago - Schwab Network

Apple Behind on Innovation: City Index's Cincotta

Apple's iPhone shipments slid a worse-than-projected nearly 10% in the quarter ended in March, according to market tracker IDC, reflecting flagging sales in China despite a broader smartphone industry...

2 days ago - Bloomberg Technology

Goldman Sachs (GS) Crushes Earnings & Apple (AAPL) iPhone Shipments Drop

Goldman Sachs (GS) rises after 1Q earnings crush estimates. It's adjusted EPS came in at $11.58 versus an estimated $8.54 and revenue came in at $14.21B versus an estimated $12.89B.

Other symbols: GS
2 days ago - Schwab Network

iPhone Shipments Fall, Apple Chart In Focus

Apple's iPhone shipments slipped lower and that had the Chart Master wondering what that might mean for the technical trends of the stock. Join Rick Ducat as he deep dives on Apple's chart patterns.

2 days ago - Schwab Network

Tesla and Apple remain the biggest laggards of the 'Magnificent Seven'

CNBC's Deirdre Bosa reports on the mega-cap tech laggards.

Other symbols: TSLA
2 days ago - CNBC Television

Apple is no longer the world's largest phone seller

Apple has lost the top spot as the biggest phone seller after a steep sales drop in China.

2 days ago - The Street

Samsung Overtakes Apple as World's Top Smartphone Provider

Samsung Electronics has overtaken Apple (AAPL) as the world's top smartphone provider in the first quarter, according to data from research firm International Data Corporation (IDC), while Chinese riv...

2 days ago - Investopedia

Tim Cook has arrived in Vietnam for a two-day trip, as Apple boosts ties with its key manufacturing hub

The Apple CEO has arrived in Hanoi, Vietnam to meet with Apple suppliers and content creators. The company has also announced plans to increase spending on suppliers in the country.

2 days ago - Business Insider