Apple Inc (AAPL)
| Market Cap | 2.68T |
| Revenue (ttm) | 385.71B |
| Net Income (ttm) | 100.91B |
| Shares Out | 15.44B |
| EPS (ttm) | 6.42 |
| PE Ratio | 27.12 |
| Forward PE | 25.54 |
| Dividend | $0.96 (0.55%) |
| Ex-Dividend Date | Feb 9, 2024 |
| Volume | 18,988,677 |
| Open | 173.33 |
| Previous Close | 173.50 |
| Day's Range | 172.65 - 174.99 |
| 52-Week Range | 164.08 - 199.62 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 204.60 (+17.76%) |
| 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 31 analysts, the average rating for AAPL stock is "Buy." The 12-month stock price forecast is $204.6, which is an increase of 17.76% from the latest price.
News
Apple Beefs up AI Talent Pool by Recruiting From Google
Apple has reportedly hired away dozens of artificial intelligence experts from Google. That's according to a Tuesday (April 30) report by the Financial Times (FT), which analyzed hundreds of LinkedIn ...
Jim Cramer looks at Apple and Tesla's stock flips
'Mad Money' host Jim Cramer looks at the recent stock flips in Apple and Tesla and what is driving those stocks higher.
Apple iPhone sales and China are key for earnings, strategist says
Shares of Apple (AAPL) are down over 10% in 2024 as the tech giant has faced mounting challenges, including increased competition in China, where iPhone sales have dragged. As earnings season heats up...
Cramer says Apple's Monday rally doesn't have 'staying power' after analyst upgrade
CNBC's Jim Cramer told investors he's wary of Apple's Monday rally and they should wait to buy.
Apple's App Store and iPhone Challenges May Create Services and Ecosystem Headwinds
Thursday (May 2) will see Apple announce its latest quarterly earnings results. Amid the volatility of hardware sales that springs to mind, there may be signs of pressure as the tech giant seeks to ex...
Mag 7 Making Magnificent Moves?
Tesla (TSLA) is rallying after clearings hurdles for full self-driving in China. David G. Dietze discusses this, as well as how Meta's (META) oversight board is planning to trim its workforce.
Apple earnings: China, AI, and iPhone sales are key
Apple (AAPL) shares are down over 10% this year as the company has been hit with many challenges, including litigation and growing competition in China. Wall Street is closely eying the tech giant's u...
Apple shares rise 3% after analyst upgrade
Shares in Apple Inc were up 3% on Monday after a well-known analyst at Bernstein Societe Generale Group upgraded the stock to an "outperform" rating, pointing to the prospects for phone replacement ph...
Apple and Amazon set to report earnings this week. Here's what to expect
Ray Wang, Constellation Research founder and chairman, joins ‘Squawk Box' to discuss the latest market trends, what to expect from earnings from Apple and Amazon this week, and more.
Why Tesla and Apple are worried about China
"Magnificent Seven" tech stocks, including Alphabet (GOOG, GOOGL), Meta (META), and Microsoft (MSFT), issued earnings last week. Some of the reports announced plans for major capital expenditures towa...
Apple Considers Partnership with OpenAI
As Apple continues to tweak iOS 18 offerings, one name continues to surface to the front: OpenAI. Reports say both sides could unveil AI features in the next operating system for iPhone.
What's Giving Apple's Stock a Boost on Monday?
Apple (AAPL) shares jumped Monday after an upgrade by Bernstein analysts, who said in a note that the company is an "essential consumer brand" whose shares have fallen too much on investor worries abo...
After being neutral on Apple's stock since 2018, here's why one analyst changed his tune
An analyst who had spent more than six years on the sidelines on Apple Inc.'s stock just changed his tune, joining the bull camp in a note titled “Buy the fear.”
Call of the Day: Apple
Apple gets an upgrade from Bernstein. The Investment Committee debates the call.
Apple: Here's why Bernstein upgraded the stock
Toni Sacconaghi, Bernstein senior research analyst, joins 'Money Movers' to discuss the firm's rating upgrade on Apple, the last time Bernstein rated Apple as 'outperform,' and more.
Apple Set to Reveal Major iPad Pro Revamp: Power On
For Apple, 2024 will be a key year for the iPad. The company hasn't released any new tablets since the end of 2022, so it has a large backlog of iPad interest to fill, according to Bloomberg's Mark Gu...
Apple's iPads Must Follow Tough EU Tech Rules After Being Branded A Digital ‘Gatekeeper' — Joining Safari, App Store And iPhone's iOS
Apple's tablet operating system counts as a digital “gatekeeper” under the European Union's strict new technology rules, the European Commission said on Monday, a development that could force the tech...
EU Sets New Rules for Apple's iPad
Apple Inc.'s iPad has been added to a list of Big Tech products and services hit by strict new European Union rules aimed at stopping potential competition abuses before they take hold. Anurag Rana of...
Apple Stock Is Rising. A New Bull Thinks It's a Buy Ahead of Earnings.
Bernstein's Toni Sacconaghi upgraded Apple stock to Outperform from Market Perform, and kept a $195 target price.
Apple And Tesla Shares Rise On Low Expectations, AI IPhone, China FSD
Shares of Apple Apple and Tesla Tesla have risen, 5% and 31%, respectively from their April 22 lows.
Apple Gets Six Months to Bring iPad Under EU Law
European regulators are giving Apple six months to bring its iPad up to code. The European Commission said in a Monday (April 29) news release that it designated Apple as a “gatekeeper” with respect t...
Apple and Amazon set to report earnings this week: Here's what to expect
Ray Wang, Constellation Research founder and chairman, joins 'Squawk Box' to discuss the latest market trends, what to expect from earnings from Apple and Amazon this week, and more.
Mosyle Launches Mosyle Fuse MSP: The First Integrated Apple Management and Security Solution Designed Exclusively for MSPs
WINTER PARK, Fla.--(BUSINESS WIRE)--Mosyle, the only Apple Unified Platform, today announced the launch of Mosyle Fuse MSP, the first solution that integrates five critical management and security app...
Apple's iPad caught in EU's crosshairs as it clamps down on 'gatekeepers'
The EU has given Apple six months to ensure its iPadOS complies with the Digital Markets Act. The European Commission said users are "locked in" to iPadOS and it's hard for them to switch.
Apple Might Be Able to Phone It In Now
A slumping stock price has tempered Apple's valuation, making another weak iPhone report less risky.