Apple Company Profile (NASDAQ:AAPL)

Apple trades on the NASDAQ under the ticker symbol "AAPL."

Apple declared a quarterly dividend on Wednesday, August 2nd. Investors of record on Monday, August 14th will be given a dividend of $0.63 per share on Thursday, August 17th. This represents a $2.52 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Thursday, August 10th. View Apple's Dividend History.

Apple's stock split on the morning of Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly created shares were payable 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.

Apple declared that its Board of Directors has initiated a share buyback plan on Sunday, June 4th 2017, which permits the company to repurchase $50,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

Apple Inc. (NASDAQ:AAPL) issued its quarterly earnings data on Tuesday, August, 1st. The company reported $1.67 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.57 by $0.10. The company earned $45.41 billion during the quarter, compared to the consensus estimate of $44.94 billion. Apple had a net margin of 20.87% and a return on equity of 35.40%. Apple's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $1.42 EPS. View Apple's Earnings History.

Apple is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Apple.

48 equities research analysts have issued 12 month target prices for Apple's stock. Their forecasts range from $125.00 to $999.00. On average, they anticipate Apple's stock price to reach $193.09 in the next twelve months. View Analyst Ratings for Apple.

Here are some recent quotes from research analysts about Apple stock:

• 1. Rosenblatt Securities analysts commented, "We maintain our production estimates of 20 million and 50 million iPhone X for the December and March quarters, respectively." (10/15/2017)
• 2. According to Zacks Investment Research, "Apple’s enriched product portfolio that now includes the new iPhones, Watch 3 and 4K TV will help the stock sustain momentum against S&P 500 going forward. This, along with the company's $1-billion investment for acquiring original content and its plan to break into film distribution market will further boost services’ revenues. Apple recently collaborated with Steven Spielberg's Amblin TV and NBCUniversal to revive Amazing Stories. Additionally, foray into fast-growing technologies like AI & AR/VR are long-term growth catalysts. However, the new iPhone X at $999 is quite pricey, particularly for markets like China and India. Moreover, slight delay in launching the product as compared with iPhone 8 and 8 Plus, reflects supply chain issues. This can be a concern during the upcoming holiday season. Moreover, intensifying competition from cheaper Chinese handset-makers cannot be ignored." (10/11/2017)
• 3. Drexel Hamilton analysts commented, "We continue to believe Apple’s stock will not only benefit from the upcoming iPhone cycle but also the company’s capital distribution initiative, attractive valuation and potential new innovations. As such, we do not believe Apple’s run will end with next week’s iPhone event but still has attractive upside potential as we are projecting with our $208 price target. Preliminary August sales (96% of sales have been reported) for our Apple Monitor rose by 14-15% MoM, better than the average increase of 8% over the past twelve years. This compares to the five-year average of up 10%. Moreover, this August performance is much better than the 5% MoM increase in August 2014 when the iPhone 6 Plus experienced yield issues." (9/7/2017)
• 4. Maxim Group analysts commented, "A brief history on the success of our data driven approach to covering AAPL and the data that fortifies our view that AAPL is an attractive holding." (6/19/2017)
• 5. Mizuho analysts commented, "The Mad Dash" segment on Monday."This is a statement downgrade, which means you have never heard of me, but today you have," Cramer said. "And you know what I say? It was down on Friday — give me a break."Cramer further took issue with a Sunday downgrade, which is adding panic to the Street. The CNBC host also questioned the analyst's thesis, which is based on a "strong" iPhone 8 cycle and an uncommon bearish view on services."A Sunday downgrade, everyone is talking about it," Cramer joked. "I think Crosby was talking about it. When he had the Stanley Cup he said, 'Did you hear they downgraded Apple at Mizuho?'" (6/12/2017)

Apple saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 38,037,207 shares, an increase of 3.9% from the September 15th total of 39,590,518 shares. Based on an average daily volume of 34,113,698 shares, the short-interest ratio is currently 1.1 days. Approximately 0.7% of the company's shares are sold short.

Some companies that are related to Apple include HP (HPQ), Hewlett Packard Enterprise Company (HPE), Seagate Technology PLC (STX), Logitech International S.A. (LOGI), Electronics for Imaging (EFII), Knowles Corporation (KN), Synaptics Incorporated (SYNA), ScanSource (SCSC), PC Connection (CNXN), Xaar plc (XAR), Quantum Corporation (QTM), Focusrite PLC (TUNE), Key Tronic Corporation (KTCC), RadiSys Corporation (RSYS), Digital River (DRIV), Domino Printing Sciences Plc (DNO), EMC (EMC) and Fusion-IO (FIO).

Apple's management team includes the folowing people:

• Timothy D. Cook, Chief Executive Officer, Director
• Luca Maestri, Chief Financial Officer, Senior Vice President, Principal Accounting Officer
• Jeff Williams, Chief Operating Officer
• Durward Bruce Sewell, Senior Vice President, General Counsel, Secretary
• Phil Schiller, Senior Vice President - Worldwide Marketing
• Angela J. Ahrendts, Senior Vice President - Retail and Online Stores
• Eddy Cue, Senior Vice President - Internet Software and Services
• Craig Federighi, Senior Vice President - Software Engineering
• Daniel J. Riccio Jr, Senior Vice President - Hardware Engineering
• Johny Srouji, Senior Vice President - Hardware Technologies

Apple's stock is owned by many different of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.21%), APG Asset Management N.V. (0.19%), Sanders Capital LLC (0.16%), Swedbank (0.16%), State Treasurer State of Michigan (0.05%) and Diamond Hill Capital Management Inc. (0.05%). 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.

Apple's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, Swedbank, Robeco Institutional Asset Management B.V., Bridges Investment Counsel Inc., Private Asset Management Inc., Sabal Trust CO, Whittier Trust Co. and Sit Investment Associates Inc.. Company insiders that have sold Apple stock in the last year include Albert Gore Jr, Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Craig Federighi, D Bruce Sewell, Daniel J Riccio, Eduardo H Cue, Johny Srouji, Luca Maestri, Philip W Schiller and Timothy D Cook. View Insider Buying and Selling for Apple.

Apple's stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Fisher Asset Management LLC, Sanders Capital LLC, PGGM Investments, Hermes Investment Management Ltd., Balasa Dinverno & Foltz LLC, Curbstone Financial Management Corp and Oakbrook Investments LLC. View Insider Buying and Selling for Apple.

Shares of Apple can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Apple stock can currently be purchased for approximately $156.39.