Apple Stock Price, News & Analysis (NASDAQ:AAPL)

$217.73
-3.23 (-1.46 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$217.4750
Now: $217.73
$222.56
50-Day Range
$193.57
MA: $208.80
$222.1735
52-Week Range
$142.00
Now: $217.73
$233.47
Volume32.11 million shs
Average Volume25.12 million shs
Market Capitalization$983.96 billion
P/E Ratio18.28
Dividend Yield1.38%
Beta1.24
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$265.60 billion
Cash Flow$14.5057 per share
Book Value$22.58 per share

Profitability

Net Income$59.53 billion

Miscellaneous

Employees132,000
Outstanding Shares4,519,180,000
Market Cap$983.96 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, July 30th. Shareholders of record on Monday, August 12th will be given a dividend of $0.77 per share on Thursday, August 15th. This represents a $3.08 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date is Friday, August 9th. View Apple's Dividend History.

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

Shares of Apple split before market open on Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly created shares were issued 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 of Directors has authorized a stock buyback plan on Tuesday, April 30th 2019, which permits the company to buyback $75,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.

How were Apple's earnings last quarter?

Apple Inc. (NASDAQ:AAPL) issued its earnings results on Tuesday, July, 30th. The iPhone maker reported $2.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.10 by $0.08. The iPhone maker earned $53.81 billion during the quarter, compared to analyst estimates of $53.39 billion. Apple had a return on equity of 52.13% and a net margin of 21.50%. The business's quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.34 earnings per share. 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 7th 2019. View Earnings Estimates for Apple.

What guidance has Apple issued on next quarter's earnings?

Apple updated its fourth quarter 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $61-64 billion, compared to the consensus revenue estimate of $61.02 billion.

What price target have analysts set for AAPL?

43 brokerages have issued 12 month price objectives for Apple's shares. Their forecasts range from $150.00 to $270.00. On average, they expect Apple's stock price to reach $217.20 in the next year. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for Apple.

What is the consensus analysts' recommendation for Apple?

43 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 4 sell ratings, 17 hold ratings, 21 buy ratings and 1 strong buy rating 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. 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)
  • 2. 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)
  • 3. According to Zacks Investment Research, "Apple is expected to benefit from an expanded portfolio with the launch of new iPhones. Higher average selling price (ASP) and a loyal customer base are key catalysts. Moreover, robust demand for wearables is expected to drive results. As customers increase the usage of Apple Music and Apple Pay, Services revenues are expected to increase manifold. Further, the acquisition of Akonia Holographics, a manufacturer of lenses for AR glasses, strengthens our belief that Apple can foray into the wearable AR glasses space. Moreover, the company is testing self-driving vehicles and has 66 autonomous vehicles approved for testing in California. However, shares have underperformed the industry on a year-to-date basis. The company continues to lose share in the smartphone market. Moreover, increasing competition from Chinese handset makers remains a concern." (11/12/2018)

Has Apple been receiving favorable news coverage?

Headlines about AAPL stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Apple earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the iPhone maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Apple.

Are investors shorting Apple?

Apple saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 45,594,300 shares, an increase of 6.0% from the July 31st total of 43,006,000 shares. Based on an average trading volume of 26,420,000 shares, the short-interest ratio is currently 1.7 days. Currently, 1.0% of the shares of the stock are short sold. View Apple's Current Options Chain.

Who are some of Apple's key competitors?

What other stocks do shareholders of Apple own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Apple investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Netflix (NFLX), Canopy Growth (CGC), Tesla (TSLA), Alphabet (GOOG), Walt Disney (DIS) and Bank of America (BAC).

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 number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.42%), Northern Trust Corp (1.30%), Invesco Ltd. (1.04%), Morgan Stanley (0.80%), Nuveen Asset Management LLC (0.79%) and Price T Rowe Associates Inc. MD (0.54%). Company insiders that own Apple stock 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 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 Vanguard Group Inc., Amundi Pioneer Asset Management Inc., Quest Capital Management Inc. ADV, Janus Henderson Group PLC, California Public Employees Retirement System, AQR Capital Management LLC, Jennison Associates LLC and TD Asset Management Inc.. Company insiders that have sold Apple company stock in the last year include Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Jeffrey E Williams, Luca Maestri and Timothy D Cook. View Insider Buying and Selling for Apple.

Which major investors are buying Apple stock?

AAPL stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Thoroughbred Financial Services LLC, Great West Life Assurance Co. Can, Renaissance Technologies LLC, Morgan Stanley, MUFG Securities EMEA plc, Invesco Ltd. and H&H International Investment 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 $217.73.

How big of a company is Apple?

Apple has a market capitalization of $983.96 billion and generates $265.60 billion in revenue each year. The iPhone maker earns $59.53 billion in net income (profit) each year or $11.91 on an earnings per share basis. Apple employs 132,000 workers across the globe.View Additional Information About Apple.

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:  3.7 out of 5 (star star star)
Outperform Votes:  6,363 (Vote Outperform)
Underperform Votes:  2,181 (Vote Underperform)
Total Votes:  8,544
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 9/21/2019 by MarketBeat.com Staff

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