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 | 163,224,109 |
| Open | 186.67 |
| Previous Close | 173.03 |
| Day's Range | 173.03 - 187.00 |
| 52-Week Range | 164.08 - 199.62 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 204.00 (+11.26%) |
| 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 11.26% from the latest price.
News
Will Rising Margins And Stock Buybacks Drive Apple Higher?
Apple Apple saw its sales for Q2 FY'24 fall, amid sluggish iPhone, iPad, and wearables sales. While revenue fell by 4% year-over-year to $90.8 billion, earnings came in at $1.53 per share, roughly fla...
Apple made more money from iPhones in China — but outside data showed sales dropped. The confusion comes down to prices, said an analyst.
Tim Cook said iPhone sales grew in China, despite external research showing a decline. The discrepancy may be due to different methods of calculating revenue used by Apple and analysts.
Warren Buffett Praises Apple After Trimming Stake
Billionaire investor Warren Buffett, at Berkshire Hathaway Inc.' annual meeting on Saturday, revealed he'd cut his stake in Apple Inc. but said it will remain his firm's largest investment. Sally Bake...
Warren Buffett Cuts Stake in Apple by 13%
Warren Buffett's Berkshire Hathaway has cut its stake in Apple, apparently for tax reasons. The conglomerate's first quarter earnings report — released Saturday — showed the company's investment in th...
Warren Buffett Dumps 13% Of Apple Stake Before $110 Billion Buyback
Berkshire Hathaway owns a big position in Apple stock. On May 4, the company's CEO Warren Buffett announced — while heaping praise on Apple after a weak Q2 report — a giant unloading of the iPhone mak...
Apple short seller lays out concerns with stock
Apple (AAPL) recently reported its second-quarter earnings, surpassing analyst estimates on both revenue and profitability metrics. However, not all investors are bullish on the stock, even after the ...
Buffett explains Berkshire's reduced stake in Apple at annual company meeting
Warren Buffett discussed Berkshire Hathaway's decision to reduce its stake in tech giant Apple at Berkshire's annual meeting on Saturday in Omaha, Nebraska.
Berkshire Hathaway Sliced Its Apple Stock Holdings in The First Quarter
Berkshire Hathaway (BRK.A, BRK.B) significantly cut its stake in Apple (AAPL) in the first quarter—a period during which the tech giant's stock fell sharply—as the conglomerate built its cash position...
Apple stake and potential Canada investment dominate headlines from Berkshire's annual meeting
Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. CNBC's Yun Li and Michael Santoli break down the takeaways from the morning session of the ...
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.