| Market cap | $1.97T |
|---|---|
| Enterprise value | $3.22T |
| Revenue | $381.623B |
|---|---|
| EBITDA | $129.629B |
| Income | $100.389B |
| Revenue Q/Q | -4.31% |
| Revenue Y/Y | -0.90% |
| P/E | 35.27 |
|---|---|
| Forward P/E | 31.46 |
| EV/Sales | 8.44 |
| EV/EBITDA | 24.83 |
| EV/EBIT | 26.80 |
| PEG | 2.75 |
| Price/Sales | 5.17 |
| P/FCF | 19.36 |
| Price/Book | 31.74 |
| Book/Share | 7.18 |
| Cash/Share | 7.11 |
| FCF yield | 5.17% |
| Volume | 0.000 / 65.587M |
|---|---|
| Relative vol. | 0.00 × |
| EPS | 6.46 |
|---|---|
| EPS Q/Q | 4.03% |
| Est. EPS Q/Q | -5.71% |
| Profit margin | 25.31% |
|---|---|
| Oper. margin | 30.98% |
| Gross margin | 44.13% |
| EBIT margin | 31.47% |
| EBITDA margin | 33.97% |
| Ret. on assets | 29.13% |
|---|---|
| Ret. on equity | 148.33% |
| ROIC | 33.37% |
| ROCE | 56.24% |
| Debt/Equity | 4.67 |
|---|---|
| Net debt/EBITDA | 1.30 |
| Current ratio | 1.04 |
| Quick ratio | 0.99 |
| Volatility | 2.10% |
|---|---|
| Beta | 1.09 |
| RSI | 75.58 |
|---|
| Insider ownership | 0.07% |
|---|---|
| Inst. ownership | 59.56% |
| Shares outst. | 15.334B |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 0.68% |
| Short ratio | 1.11 |
| Dividend | $0.97 |
|---|---|
| Dividend yield | 0.43% |
| Payout ratio | 15.02% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 1 Aug 2024 |
Monday, 8 July 2024
|
|
| Microsoft to offer Apple devices to employees in China, cites absence of Android services | |
| Big Tech's Next Milestone Is The $4 Trillion Market Cap | |
| Taiwan Semi Stock Is Riding the AI Wave to $1 Trillion | |
| European Equities Close Mixed in Monday Trading | |
| Apple Allows Epic to Include Proprietary App Store on iPhones | |
Friday, 5 July 2024
|
|
| Epic Games says Apple stalling launch of its game store in Europe | |
Wednesday, 3 July 2024
|
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| Dell Technologies Inc : One of the Biggest AI Stories Right Now? | |
Tuesday, 2 July 2024
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|
| Apple Poised to Get OpenAI Board Observer Role as Part of AI Pact | |
| Apple ex-lawyer ordered to pay $1.15 million SEC fine for insider trading | |
| Investors have found peace in another Trump presidency | |
| Improved China iPhone Sales to Boost Apple Supply-Chain Companies | |
Saturday, 29 June 2024
|
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| The U.S. State with the Fastest-Growing Economy | |
Friday, 28 June 2024
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| Apple’s China iPhone shipments jump 40% after steep discounts | |
Wednesday, 26 June 2024
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|
| Dow Jones Reverses, Nasdaq Turns Higher As Apple Regains Leadership | |
| Large Caps Other Than Nvidia Are Now Bolstering the Market | |
Monday, 24 June 2024
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| Apple Spurned Idea of iPhone AI Partnership With Meta Months Ago | |
| While Nvidia stock captivates the investing masses, don't forget this other exciting thing about the market | |
| These Stocks Are Moving the Most Today: Apple, Meta, Trump Media, UPS, RXO, Eli Lilly, and More | |
| European Union regulators accuse Apple of breaching digital competition rules for app stores | |
Saturday, 22 June 2024
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| Hedge Funds Are Crazy About Apple Inc. | |
Friday, 21 June 2024
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| Nvidia Is Surging. Why That’s a Problem for a Tech ETF. | |
| S&P 500 Trading Volume Spikes at Wall Street Close: Markets Wrap | |
| Tech Funds’ Record Cash Injection Is Traced to ‘Messy’ Rebalance | |
| Apple to delay launch of AI-powered features in Europe, blames EU tech rules | |
| Apple Won’t Roll Out AI Tech In EU Market Over Regulatory Concerns | |
| The 30-stock secret: ‘Don’t fight Papa Dow’ | |
| Apple Stock Is on a Tear. How Far It Could Go. | |
| Apple’s AI Rally Puts Valuation at Risk of Outpacing Reality | |
Thursday, 20 June 2024
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| Is Insider Monkey the Best Website to Research Stocks? | |
| How Santa Clara chipmaker Nvidia became one of the world's most valuable companies in the AI boom | |
Wednesday, 19 June 2024
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| Q&A: How did Nvidia become world’s most valuable company? | |
| Huawei, Tencent Near Deal to Exclude WeChat From Revenue Sharing | |
Tuesday, 18 June 2024
|
|
| Apple turns to third parties for 'buy now, pay later' after sunsetting product | |
| Nvidia Becomes World’s Most Valuable Company as AI Rally Steams Ahead | |
| Apple suspends work on next high-end headset, to focus on cheaper model, the Information reports | |
| Investors are favoring Big Tech due to 'benchmark FOMO' | |
| Apple kills off its buy now, pay later service service barely a year after launch | |
| Apple Stock Falls Despite New Price Target. It’s Among the Highest on Wall Street. | |
| Huawei Considers App Store Fees as It Surpasses iPhone in China | |
Monday, 17 June 2024
|
|
| Apple Is Working on Thinner iPhones for 2025, Reports Say | |
Sunday, 16 June 2024
|
|
| The Most Powerful Brand in the US | |
Friday, 14 June 2024
|
|
| Apple, Meta set to face EU charges under landmark tech rules, sources say | |
| Netflix Is Overvalued Amid Future Content Quality Challenges | |
| Apple Eyes Best Week Since 2021 on Bet AI iPhones Are Must-Haves | |
| What Apple's OpenAI deal means for Google: Morning Brief | |
| There Is No Magnificent Seven. There’s Simply the Magnificent One. | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Arthur D Levinson Director | Sale 30 May 2024 | $14,368,500 |
| Chris Kondo Principal Accounting Officer | Sale 15 May 2024 | $951,810 |
| Chris Kondo Principal Accounting Officer | Option 15 Apr 2024 | $1,402,070 |
| Jeffrey E Williams COO | Sale 11 Apr 2024 | $10,188,880 |
| Luca Maestri Senior Vice President and CFO | Sale 11 Apr 2024 | $9,262,139 |
| Jeffrey E Williams COO | Option 1 Apr 2024 | $19,265,929 |
| Deirdre O'brien Senior Vice President | Option 1 Apr 2024 | $19,265,929 |
| Luca Maestri Senior Vice President and CFO | Option 1 Apr 2024 | $19,265,929 |
| Timothy D Cook Chief Executive Officer | Option 1 Apr 2024 | $33,395,592 |
| Katherine L. Adams SVP, GC, and Secretary | Option 1 Apr 2024 | $19,265,929 |
| Arthur D Levinson Director | Sale 28 Feb 2024 | $18,094,000 |
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Robintrack.
Price target
Current $226.34
Average $124.81
Low $74
High $150
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -11.77% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.43% | Growth period | N/A |
| Last dividend date | Yield 3 years | 0.58% | Growth 3 years | -28.65% | |
| Last dividend | Yield 5 years | 0.84% | Growth 5 years | -19.56% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Katherine Adams (55) Senior Vice President, General Counsel, and Secretary since 2017 | 55 | 2017 | $25,231,800 |
| Luca Maestri (56) Chief Financial Officer and Senior Vice President since 2014 | 56 | 2014 | $25,209,600 |
| Jeffrey Williams (56) Chief Operating Officer since 2018 | 56 | 2018 | $25,207,900 |
| Johny Srouji (54) Senior Vice President - Hardware Technologies since 2015 | 54 | 2015 | $24,162,400 |
| Daniel Riccio (55) Senior Vice President - Hardware Engineering since 2012 | 55 | 2012 | $24,146,000 |
| Eddy Cue (56) Senior Vice President - Internet Software and Services since 2011 | 56 | 2011 | $22,807,500 |
| Deirdre O'Brien (53) Senior Vice President - Retail + People since 2019 | 53 | 2019 | $19,159,800 |
| Timothy D. Cook (60) CEO and Director | 60 | $14,769,259 | |
| Philip Schiller (58) Senior Vice President - Worldwide Marketing since 2002 | 58 | 2002 | $11,677,200 |
| Timothy Cook (59) Chief Executive Officer and Director since 2011 | 59 | 2011 | $11,555,500 |
| Deirdre O'Brien (54) Sr. VP of People and Retail | 54 | $4,614,684 | |
| Luca Maestri (57) CFO and Sr. VP | 57 | $4,595,583 | |
| Jeffrey E. Williams (57) Chief Operating Officer | 57 | $4,594,137 | |
| Katherine L. Adams (57) Sr. VP, Gen. Counsel, and Sec. | 57 | $4,591,310 | |
| Arthur Levinson (70) Independent Chairman of the Board since 2011 | 70 | 2011 | $557,922 |
| Ronald Sugar (71) Independent Director since 2010 | 71 | 2010 | $400,878 |
| Andrea Jung (61) Independent Director since 2008 | 61 | 2008 | $385,388 |
| Albert Gore (71) Independent Director since 2003 | 71 | 2003 | $360,264 |
| James Bell (71) Independent Director since 2015 | 71 | 2015 | $355,837 |
| Sue Wagner (57) Independent Director since 2014 | 57 | 2014 | $354,923 |
| John Giannandrea | 2018 | ||
| Craig Federighi (48) Senior Vice President - Software Engineering since 2012 | 48 | 2012 | |
| Stella Low | |||
| Greg Joswiak | |||
| Nancy Paxton | |||
| Mary Demby | |||
| James Wilson | |||
| Chris Kondo |
Apple Inc. is an American multinational technology company headquartered in Cupertino, California. Apple is the worlds largest technology company by revenue, with US$394.3 billion in 2022 revenue. As of March 2023, Apple is the worlds biggest company by market capitalization.
- Consumer Discretionary > Consumer Electronics
- Apple Inc, One Apple Park Way, Cupertino 95014, United States
- 408 996 1010
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -11.77% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.43% | Growth period | N/A |
| Last dividend date | Yield 3 years | 0.58% | Growth 3 years | -28.65% | |
| Last dividend | Yield 5 years | 0.84% | Growth 5 years | -19.56% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $32,695 | $40,760 | |||
| Short term investments | $34,455 | $32,340 | |||
| Net receivables | $41,150 | $50,102 | |||
| Inventory | $6,232 | $6,511 | |||
| Total current assets | $128,416 | $143,692 | |||
| Long term investments | $95,187 | $99,475 | |||
| Property, plant & equipment | $43,546 | $43,666 | |||
| Goodwill & intangible assets | |||||
| Total noncurrent assets | $208,995 | $209,822 | |||
| Total investments | $129,642 | $131,815 | |||
| Total assets | $337,411 | $353,514 | |||
| Current liabilities | |||||
| Accounts payable | $45,753 | $58,146 | |||
| Deferred revenue | $8,012 | $8,264 | |||
| Short long term debt | $12,759 | $12,952 | |||
| Total current liabilities | $123,822 | $133,973 | |||
| Long term debt | $91,831 | $95,088 | |||
| Total noncurrent liabilities | $139,395 | $145,441 | |||
| Total debt | $104,590 | $108,040 | |||
| Total liabilities | $263,217 | $279,414 | |||
| Stockholders' equity | |||||
| Retained earnings | $4,339 | $8,242 | |||
| Other stockholder equity | -$8,960 | -$9,378 | |||
| Total stockholder equity | $74,194 | $74,100 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $29,965 | $23,646 | ||
| Short term investments | $31,590 | $24,658 | ||
| Net receivables | $60,985 | $60,932 | ||
| Inventory | $6,331 | $4,946 | ||
| Total current assets | $143,566 | $135,405 | ||
| Long term investments | $100,544 | $120,805 | ||
| Property, plant & equipment | $43,715 | $42,117 | ||
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $209,017 | $217,350 | ||
| Total investments | $132,134 | $145,463 | ||
| Total assets | $352,583 | $352,755 | ||
| Current liabilities | ||||
| Accounts payable | $62,611 | $64,115 | ||
| Deferred revenue | $8,061 | $7,912 | ||
| Short long term debt | $15,807 | $21,110 | ||
| Total current liabilities | $145,308 | $153,982 | ||
| Long term debt | $95,281 | $98,959 | ||
| Total noncurrent liabilities | $145,129 | $148,101 | ||
| Total debt | $111,088 | $120,069 | ||
| Total liabilities | $290,437 | $302,083 | ||
| Stockholders' equity | ||||
| Retained earnings | -$214 | -$3,068 | ||
| Other stockholder equity | -$11,452 | -$11,109 | ||
| Total stockholder equity | $62,146 | $50,672 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $90,753 | $119,575 | |||
| Cost of revenue | $48,482 | $64,720 | |||
| Gross profit | $42,271 | $54,855 | |||
| Operating activities | |||||
| Research & development | $7,903 | $7,696 | |||
| Selling, general & administrative | $6,468 | $6,786 | |||
| Total operating expenses | $14,371 | $14,482 | |||
| Operating income | $27,900 | $40,373 | |||
| Income from continuing operations | |||||
| EBIT | $28,058 | $40,323 | |||
| Income tax expense | $4,422 | $6,407 | |||
| Interest expense | |||||
| Net income | |||||
| Net income | $23,636 | $33,916 | |||
| Income (for common shares) | $23,636 | $33,916 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $383,285 | $394,328 | ||
| Cost of revenue | $214,137 | $223,546 | ||
| Gross profit | $169,148 | $170,782 | ||
| Operating activities | ||||
| Research & development | $29,915 | $26,251 | ||
| Selling, general & administrative | $24,932 | $25,094 | ||
| Total operating expenses | $54,847 | $51,345 | ||
| Operating income | $114,301 | $119,437 | ||
| Income from continuing operations | ||||
| EBIT | $117,669 | $122,034 | ||
| Income tax expense | $16,741 | $19,300 | ||
| Interest expense | $3,933 | $2,931 | ||
| Net income | ||||
| Net income | $96,995 | $99,803 | ||
| Income (for common shares) | $96,995 | $99,803 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $23,636 | $33,916 | |||
| Operating activities | |||||
| Depreciation | $2,836 | $2,848 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $2,964 | $2,997 | |||
| Total cash flows from operations | $22,690 | $39,895 | |||
| Investing activities | |||||
| Capital expenditures | -$1,996 | -$2,392 | |||
| Investments | $2,131 | $4,603 | |||
| Total cash flows from investing | -$310 | $1,927 | |||
| Financing activities | |||||
| Dividends paid | -$3,710 | -$3,825 | |||
| Sale and purchase of stock | -$23,205 | -$20,139 | |||
| Net borrowings | -$3,148 | -$3,984 | |||
| Total cash flows from financing | -$30,433 | -$30,585 | |||
| Effect of exchange rate | |||||
| Change in cash and equivalents | -$8,053 | $11,237 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $96,995 | $99,803 | ||
| Operating activities | ||||
| Depreciation | $11,519 | $11,104 | ||
| Business acquisitions & disposals | -$306 | |||
| Stock-based compensation | $10,833 | $9,038 | ||
| Total cash flows from operations | $110,543 | $122,151 | ||
| Investing activities | ||||
| Capital expenditures | -$10,959 | -$10,708 | ||
| Investments | $16,001 | -$9,560 | ||
| Total cash flows from investing | $3,705 | -$22,354 | ||
| Financing activities | ||||
| Dividends paid | -$15,025 | -$14,841 | ||
| Sale and purchase of stock | -$77,550 | -$89,402 | ||
| Net borrowings | -$9,901 | -$123 | ||
| Total cash flows from financing | -$108,488 | -$110,749 | ||
| Effect of exchange rate | ||||
| Change in cash and equivalents | $5,760 | -$10,952 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Dnb Asset Management As |
+16.65%
|
4,244,715 | $894,021,873 |
| 2024 Q2 | Thurston, Springer, Miller, Herd & Titak, Inc |
-87.52%
|
43,364 | $9,135,329 |
| 2024 Q2 | Jackson Wealth Management |
-44.56%
|
109,754 | $23,116,000 |
| 2024 Q2 | Westend Capital Management |
+5,126.56%
|
67,684 | $14,670,603 |
| 2024 Q2 | Armstrong Henry H Associates Inc |
+92.70%
|
134,821 | $25,682,115 |
| 2024 Q2 | Gamma Investing |
+74.72%
|
148,372 | $31,250,113 |
| 2024 Q2 | Thurston, Springer, Miller, Herd & Titak, Inc |
Opened
|
25,000 | $24,572 |
| 2024 Q2 | St Germain D J Co Inc |
-3.30%
|
544,856 | $114,757,571 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
+2.54%
|
731,818 | $154,135,589 |
| 2024 Q2 | Boston Common Asset Management |
+9.48%
|
203,435 | $42,847 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Vanguard Group Inc | 8.48% | 1,299,997,133 | |
| Blackrock | 6.79% | 1,040,523,406 | |
| Berkshire Hathaway Inc | 5.15% | 789,368,450 | |
| State Street Corp | 3.84% | 588,590,779 | |
| Geode Capital Management | 1.96% | 300,822,623 | |
| Fmr | 1.88% | 288,979,418 | |
| Morgan Stanley | 1.45% | 221,959,262 | |
| Price T Rowe Associates Inc md/ | 1.35% | 206,971,786 | |
| Norges Bank | 1.15% | 176,141,203 | |
| Jpmorgan Chase & Co | 1.02% | 156,058,717 |
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