Apple Inc designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems.
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Industry, Sector and Symbol
Industry Electronic computers
Sub-IndustryComputer Hardware
SectorComputer and Technology
Phone408-996-1010
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$260.17 billion
Profitability
Miscellaneous
Employees137,000
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable
Apple (NASDAQ:AAPL) Frequently Asked Questions
What is Apple's stock symbol?
Apple trades on the NASDAQ under the ticker symbol "AAPL."
How often does Apple pay dividends? What is the dividend yield for Apple?
Apple announced a quarterly dividend on Wednesday, October 30th. Shareholders of record on Monday, November 11th will be paid a dividend of $0.77 per share on Thursday, November 14th. This represents a $3.08 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Thursday, November 7th. View Apple's Dividend History.
When did Apple's stock split? How did Apple's stock split work?
Apple's stock split on Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly minted shares were distributed to shareholders after the closing bell on Friday, June 6th 2014. An investor that had 100 shares of Apple stock prior to the split would have 700 shares after the split.
How will Apple's stock buyback program work?
Apple announced that its board has approved a stock buyback program on Tuesday, April 30th 2019, which allows the company to buyback $75,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 7.6% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.
How were Apple's earnings last quarter?
Apple Inc. (NASDAQ:AAPL) announced its earnings results on Wednesday, October, 30th. The iPhone maker reported $3.03 EPS for the quarter, topping the Zacks' consensus estimate of $2.84 by $0.19. The iPhone maker earned $64.04 billion during the quarter, compared to analyst estimates of $62.86 billion. Apple had a net margin of 21.24% and a return on equity of 53.82%. The company's revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.91 earnings per share. View Apple's Earnings History.
When is Apple's next earnings date?
What price target have analysts set for AAPL?
39 brokerages have issued twelve-month target prices for Apple's stock. Their forecasts range from $150.00 to $325.00. On average, they anticipate Apple's stock price to reach $246.42 in the next year. This suggests that the stock has a possible downside of 9.0%. View Analyst Price Targets for Apple.
What is the consensus analysts' recommendation for Apple?
39 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 4 sell ratings, 12 hold ratings and 23 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Apple.
What are Wall Street analysts saying about Apple stock?
Here are some recent quotes from research analysts about Apple stock:
- 1. According to Zacks Investment Research, "Apple’s shares have outperformed the S&P 500 on a year-to-date basis. The company’s focus on strengthening the Services business and a strong slate of upcoming app releases, including its streaming service Apple TV+, are key catalysts. The company is also expected to benefit from the launch of latest iPhones, refreshed Macbook, iPad and Apple Watch product lines. Apple Arcade is likely to boost the company’s footprint in the video game space. Estimates have been stable lately ahead of the company’s Q4 earnings release. The company has positive record of earnings surprises in recent quarters. However, the ongoing U.S.-China trade war does not bode well for the company. Legal woes have increased due to a lawsuit from customers related to App Store charges. The company has also been accused of unfair practices by Spotify." (10/14/2019)
- 2. Rosenblatt Securities analysts commented, "We believe there is less reward for owning Apple stock after the recent stock rebound from stock buybacks and stable second quarter guidance. We do not think Apple is a short (the company has plenty of cash and a meaningful stock buy back program), however, we believe Apple will face fundamental deterioration over the next 6-12 months. We downgrade and maintain our $150 price target. Adding to our Sell thesis, we believe new iPhone sales will be disappointing, iPad sales growth will slow in the second half of 2019, other product sales growth, such as the HomePod, AirPod and iWatch, may not be meaningful to support total revenue growth. After strong service revenue growth over the last 4-6 quarters and the launch of Apple Music and news, we believe service revenue growth will also decelerate." (7/8/2019)
- 3. Maxim Group analysts commented, "Services GM q/q & y/y trajectory disclosure paint a positive picture, but product GM trend is then even more concerning. Installed base disclosures are on a y/y basis, failing to assuage fears China iPhone installed base is now in decline. Guidance indicates further deterioration in business fundamentals. Reiterate Hold rating and 12-month price target of $160." (1/30/2019)
Has Apple been receiving favorable news coverage?
News coverage about AAPL stock has been trending extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Apple earned a daily sentiment score of -4.2 on InfoTrie's scale. They also gave media headlines about the iPhone maker a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the near term. View News Stories for Apple.
Are investors shorting Apple?
Apple saw a drop in short interest in November. As of November 15th, there was short interest totalling 45,150,000 shares, a drop of 6.0% from the October 31st total of 48,020,000 shares. Based on an average daily trading volume, of 26,910,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.0% of the company's shares are sold short. View Apple's Current Options Chain.
Who are some of Apple's key competitors?
What other stocks do shareholders of Apple own?
Who are Apple's key executives?
Apple's management team includes the folowing people:
- Mr. Timothy D. Cook, CEO & Director (Age 58)
- Mr. Luca Maestri, CFO & Sr. VP (Age 55)
- Mr. Jeffrey E. Williams, Chief Operating Officer (Age 55)
- Ms. Katherine L. Adams, Sr. VP, Gen. Counsel & Sec. (Age 55)
- Mr. Chris Kondo, Sr. Director of Corp. Accounting
Who are Apple's major shareholders?
Apple's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (4.15%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), Fisher Asset Management LLC (0.31%), Parametric Portfolio Associates LLC (0.32%), California Public Employees Retirement System (0.24%) and California State Teachers Retirement System (0.19%). Company insiders that own Apple stock include Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Craig Federighi, Daniel J Riccio, Deirdre O'brien, Jeffrey E Williams, Johny Srouji, Luca Maestri, Philip W Schiller and Timothy D Cook. View Institutional Ownership Trends for Apple.
Which institutional investors are selling Apple stock?
AAPL stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, SG Americas Securities LLC, DNB Asset Management AS, H&H International Investment LLC, Sumitomo Mitsui Trust Holdings Inc., Sawgrass Asset Management LLC, Pictet Asset Management Ltd. and Russell Investments Group Ltd.. Company insiders that have sold Apple company stock in the last year include Arthur D Levinson, Chris Kondo, Deirdre O'brien, Jeffrey E Williams, Luca Maestri and Timothy D Cook. View Insider Buying and Selling for Apple.
Which institutional investors are buying Apple stock?
AAPL stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Voya Investment Management LLC, Fisher Asset Management LLC, Parametric Portfolio Associates LLC, National Pension Service, EP Wealth Advisors LLC, Locust Wood Capital Advisers LLC and CIBC Private Wealth Group LLC. View Insider Buying and Selling for Apple.
How do I buy shares of Apple?
Shares of AAPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Apple's stock price today?
One share of AAPL stock can currently be purchased for approximately $270.71.
How big of a company is Apple?
Apple has a market capitalization of $1.20 trillion and generates $260.17 billion in revenue each year. The iPhone maker earns $55.26 billion in net income (profit) each year or $11.89 on an earnings per share basis. Apple employs 137,000 workers across the globe.View Additional Information About Apple.
What is Apple's official website?
How can I contact Apple?
Apple's mailing address is ONE APPLE PARK WAY, CUPERTINO CA, 95014. The iPhone maker can be reached via phone at 408-996-1010 or via email at [email protected]
MarketBeat Community Rating for Apple (NASDAQ AAPL)
MarketBeat's community ratings are surveys of what our community members think about Apple and other stocks. Vote "Outperform" if you believe AAPL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AAPL will underperform the S&P 500 over the long term. You may vote once every thirty days.
