NASDAQ:AAPL - Apple Stock Price, News, & Analysis

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$219.31 +3.29 (+1.52 %)
(As of 10/19/2018 04:00 PM ET)
Previous Close$219.31
Today's Range$217.43 - $221.26
52-Week Range$150.24 - $233.47
Volume32.87 million shs
Average Volume33.79 million shs
Market Capitalization$1,061.77 billion
P/E Ratio23.81
Dividend Yield1.35%
Beta1.36
Apple 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 iOS, macOS, watchOS, and tvOS operating systems. The company also provides iWork, a 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 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 support services; 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; and third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. has a strategic partnership with Salesforce to develop customer relationship management platform. The company was founded in 1977 and is headquartered in Cupertino, California.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.84
Current Ratio1.31
Quick Ratio1.24

Price-To-Earnings

Trailing P/E Ratio23.81
Forward P/E Ratio18.65
P/E Growth1.66

Sales & Book Value

Annual Sales$229.23 billion
Price / Sales4.70
Cash Flow$11.5003 per share
Price / Cash19.07
Book Value$25.95 per share
Price / Book8.45

Profitability

EPS (Most Recent Fiscal Year)$9.21
Net Income$48.35 billion
Net Margins21.98%
Return on Equity43.50%
Return on Assets14.98%

Miscellaneous

Employees123,000
Outstanding Shares4,915,140,000
Market Cap$1,061.77 billion

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, July 31st. Investors of record on Monday, August 13th will be paid a dividend of $0.73 per share on Thursday, August 16th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Friday, August 10th. 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 created 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 authorized a stock repurchase 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 purchase up to 11.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

How were Apple's earnings last quarter?

Apple Inc. (NASDAQ:AAPL) issued its quarterly earnings data on Tuesday, July, 31st. The iPhone maker reported $2.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.18 by $0.16. The iPhone maker earned $53.27 billion during the quarter, compared to analyst estimates of $52.43 billion. Apple had a net margin of 21.98% and a return on equity of 43.50%. The company's revenue for the quarter was up 17.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 EPS. View Apple's Earnings History.

When is Apple's next earnings date?

Apple is scheduled to release their next quarterly earnings announcement on Thursday, November 1st 2018. View Earnings Estimates for Apple.

How can I listen to Apple's earnings call?

Apple will be holding an earnings conference call on Thursday, November 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for AAPL?

47 Wall Street analysts have issued 12-month price targets for Apple's shares. Their forecasts range from $26.00 to $310.00. On average, they anticipate Apple's stock price to reach $226.7632 in the next year. This suggests a possible upside of 3.4% from the stock's current price. View Analyst Price Targets for Apple.

What is the consensus analysts' recommendation for Apple?

47 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 3 sell ratings, 18 hold ratings and 26 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 Services segment has become the new cash cow for the company. The segment is expected to grow strongly driven by increasing adoption of Apple Music & Apple Pay. Further, the higher ASP of iPhone X is also expected to boost the top-line growth. Going ahead, we believe Apple’s foray into fast-growing technologies like autonomous vehicle, artificial intelligence (AI) & AR/VR will drive growth. Nevertheless, lower shipments of iPhone X due to lack of demand can hurt top-line, particularly due to significant competition in most of its operating markets. The rise of feature-rich smartphones at a much cheaper price also remains a major headwind. Shares have underperformed the industry on a year-to-date basis." (7/11/2018)
  • 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 decrease in short interest in September. As of September 28th, there was short interest totalling 40,204,115 shares, a decrease of 14.1% from the September 14th total of 46,818,683 shares. Based on an average daily volume of 34,804,592 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.8% of the company's shares are sold short. View Apple's Current Options Chain.

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)

Who are Apple's major shareholders?

Apple's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Cornerstone Wealth Management LLC (0.29%), Swedbank (0.12%), State of New Jersey Common Pension Fund D (0.08%), Aperio Group LLC (0.07%), Strs Ohio (0.07%) and First Manhattan Co. (0.07%). 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 institutional investors are selling Apple stock?

AAPL stock was sold by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Hexavest Inc., Swedbank, Strs Ohio, Factory Mutual Insurance Co., PGGM Investments, State of New Jersey Common Pension Fund D and Gateway Investment Advisers LLC. Company insiders that have sold Apple company stock in the last year include Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Craig Federighi, 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 institutional investors are buying Apple stock?

AAPL stock was bought by a variety of institutional investors in the last quarter, including First American Bank, Nisa Investment Advisors LLC, First Hawaiian Bank, KAMES CAPITAL plc, Barometer Capital Management Inc., Aperio Group LLC, Montrusco Bolton Investments Inc. and Polaris Greystone Financial 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, Scottrade, Fidelity and Charles Schwab.

What is Apple's stock price today?

One share of AAPL stock can currently be purchased for approximately $219.31.

How big of a company is Apple?

Apple has a market capitalization of $1,061.77 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.

What is Apple's official website?

The official website for Apple is http://www.apple.com.

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)

Community Ranking:  3.8 out of 5 (star star star)
Outperform Votes:  5,971 (Vote Outperform)
Underperform Votes:  1,862 (Vote Underperform)
Total Votes:  7,833
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 10/20/2018 by MarketBeat.com Staff

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