NASDAQ:AAPL - Apple Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$189.09 +0.25 (+0.13 %)
(As of 06/18/2018 11:05 AM ET)
Previous Close$188.84
Today's Range$187.20 - $189.22
52-Week Range$142.20 - $194.20
Volume5.48 million shs
Average Volume22.15 million shs
Market Capitalization$958.18 billion
P/E Ratio20.53
Dividend Yield1.55%
Beta1.29

About Apple (NASDAQ:AAPL)

Apple logoApple Inc. designs, manufactures, and markets mobile communication and media devices, and personal computers to consumers, and small and mid-sized businesses; and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It 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 operating systems comprising iOS, macOS, watchOS, and tvOS. The company also provides iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers' TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod touch, a flash memory-based digital music and media player. Further, the company sells Apple-branded and third-party accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service that stores music, photos, contacts, calendars, mail, documents, and others; AppleCare, which offers support options for its customers; and Apple Pay, a cashless payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

Receive AAPL News and Ratings via Email

Sign-up to receive the latest news and ratings for AAPL and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Electronic computers
Sub-IndustryComputer Hardware
SectorComputer and Technology
SymbolNASDAQ:AAPL
CUSIP03783310
Phone408-996-1010

Debt

Debt-to-Equity Ratio0.80
Current Ratio1.46
Quick Ratio1.37

Price-To-Earnings

Trailing P/E Ratio20.53
Forward P/E Ratio16.56
P/E Growth1.55

Sales & Book Value

Annual Sales$229.23 billion
Price / Sales4.19
Cash Flow$11.3431 per share
Price / Cash16.67
Book Value$25.95 per share
Price / Book7.29

Profitability

EPS (Most Recent Fiscal Year)$9.21
Net Income$48.35 billion
Net Margins21.55%
Return on Equity39.97%
Return on Assets14.27%

Miscellaneous

Employees123,000
Outstanding Shares5,074,010,000

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 Tuesday, May 1st. Investors of record on Monday, May 14th will be given a dividend of $0.73 per share on Thursday, May 17th. This represents a $2.92 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend is Friday, May 11th. This is a boost from Apple's previous quarterly dividend of $0.63. View Apple's Dividend History.

When did Apple's stock split? How did Apple's stock split work?

Apple shares split on the morning of Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly issued shares were issued to shareholders after the market closes 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 share buyback program on Tuesday, May 1st 2018, which allows the company to buyback $100,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 11.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

How were Apple's earnings last quarter?

Apple (NASDAQ:AAPL) announced its quarterly earnings results on Tuesday, May, 1st. The iPhone maker reported $2.73 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.69 by $0.04. The iPhone maker earned $61.14 billion during the quarter, compared to analysts' expectations of $60.94 billion. Apple had a return on equity of 39.97% and a net margin of 21.55%. Apple's quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.10 EPS. View Apple's Earnings History.

When is Apple's next earnings date?

Apple is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Apple.

What price target have analysts set for AAPL?

45 Wall Street analysts have issued 1 year target prices for Apple's shares. Their forecasts range from $26.00 to $999.00. On average, they expect Apple's share price to reach $207.9333 in the next year. 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 second-quarter fiscal 2018 results benefited from growth in iPhone and Services segment. The Services segment on the back of growing Apple Music & Apple Pay has become the new cash cow for the company. The higher ASP of iPhone X is boosting the top-line growth. Demand in China rebounded strongly driven by iPhone, Services, Mac and Watch sales. Going ahead, we believe Apple’s foray into fast-growing technologies like autonomous vehicle, artificial intelligence (AI) & AR/VR will drive growth. Shares have outperformed the industry in the past year. However, Apple faces significant competition in most of its operating markets. The rise of feature-rich regional smartphones at a much cheaper price remains a major headwind." (5/3/2018)
  • 2. Wells Fargo & Co analysts commented, "07:1704/19/1804/1907:1704/19/1807:17Apple (AAPL) could outline plans of incremental $100B share repo, says Wells Fargo" (4/24/2018)
  • 3. Maxim Group analysts commented, "Normalized iPhone revenue sell-out up ~17% y/y; our ASP analysis suggests iPhone X represented 20% of the December quarter iPhone mix. Guidance embeds iPhone unit & revenue sell-out accelerates, even on a normalized basis. Bottom line power of iPhone X still not evident, but we continue to also model erosion of the iPhone X price premium in FY19, leading us to continue to utilize normalized valuation. Continue to utilize a normalized earnings framework, though increasing 12- month price target to $210, from $204, due to a lower tax rate than we had assumed new tax law would enable." (2/2/2018)

Are investors shorting Apple?

Apple saw a increase in short interest in May. As of May 31st, there was short interest totalling 45,958,599 shares, an increase of 0.9% from the May 15th total of 46,385,494 shares. Based on an average daily trading volume, of 19,805,941 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.9% of the shares of the stock are sold short.

Who are some of Apple's key competitors?

Who are Apple's key executives?

Apple's management team includes the folowing people:
  • Mr. Timothy D. Cook, CEO & Director (Age 57)
  • Mr. Luca Maestri, CFO & Sr. VP (Age 54)
  • Mr. Ron Okamoto, Head of Developer Relations
  • Mr. Daniel J. Riccio, Sr. VP of Hardware Engineering (Age 55)
  • Ms. Angela J. Ahrendts, Sr. VP of Retail (Age 57)

Has Apple been receiving favorable news coverage?

News articles about AAPL stock have trended positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Apple earned a news impact score of 0.28 on Accern's scale. They also gave media coverage about the iPhone maker an impact score of 46.51 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Apple's major shareholders?

Apple's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.31%), Northern Trust Corp (1.25%), Legal & General Group Plc (0.46%), Summit Trail Advisors LLC (0.40%), Schwab Charles Investment Management Inc. (0.39%) and Swiss National Bank (0.33%). Company insiders that own Apple stock include Albert Gore Jr, Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Craig Federighi, D Bruce Sewell, Daniel J Riccio, Eduardo H Cue, Jeffrey E Williams, Johny Srouji, Luca Maestri, Philip W Schiller and Timothy D Cook. View Institutional Ownership Trends for Apple.

Which major investors are selling Apple stock?

AAPL stock was sold by a variety of institutional investors in the last quarter, including Magellan Asset Management Ltd, Boston Partners, Swiss National Bank, Northern Trust Corp, Prudential Financial Inc., Legal & General Group Plc, Epoch Investment Partners Inc. and Franklin Resources Inc.. Company insiders that have sold Apple company stock in the last year include Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Craig Federighi, D Bruce Sewell, Daniel J Riccio, Eduardo H Cue, Jeffrey E Williams, Johny Srouji, Luca Maestri, Philip W Schiller and Timothy D Cook. View Insider Buying and Selling for Apple.

Which major investors are buying Apple stock?

AAPL stock was purchased by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Russell Investments Group Ltd., SG Americas Securities LLC, Mackay Shields LLC, Harvard Management Co. Inc., Comerica Bank, Achmea Investment Management B.V. and ProShare Advisors 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, Scottrade, Fidelity and Charles Schwab.

What is Apple's stock price today?

One share of AAPL stock can currently be purchased for approximately $188.28.

How big of a company is Apple?

Apple has a market capitalization of $958.18 billion and generates $229.23 billion in revenue each year. The iPhone maker earns $48.35 billion in net income (profit) each year or $9.21 on an earnings per share basis. Apple employs 123,000 workers across the globe.

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 (AAPL)

Community Ranking:  3.9 out of 5 (star star star)
Outperform Votes:  5,629 (Vote Outperform)
Underperform Votes:  1,644 (Vote Underperform)
Total Votes:  7,273
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.
This page was last updated on 6/18/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.