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
Phone408-996-1010
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$265.60 billion
Profitability
Miscellaneous
Employees132,000
Next Earnings Date11/7/2019 (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 declared a quarterly dividend on Tuesday, July 30th. Stockholders of record on Monday, August 12th will be paid a dividend of $0.77 per share on Thursday, August 15th. This represents a $3.08 annualized dividend and a dividend 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 on 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 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 declared that its board has authorized a share 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 buy up to 7.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board of directors believes its shares are undervalued.
How were Apple's earnings last quarter?
Apple Inc. (NASDAQ:AAPL) posted its quarterly earnings data on Tuesday, July, 30th. The iPhone maker reported $2.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.08. The iPhone maker had revenue of $53.81 billion for the quarter, compared to the consensus estimate of $53.39 billion. Apple had a net margin of 21.50% and a return on equity of 52.13%. Apple's revenue was up 1.0% compared to the same quarter last year. During the same period last year, the company posted $2.34 EPS. View Apple's Earnings History.
When is Apple's next earnings date?
What guidance has Apple issued on next quarter's earnings?
Apple issued an update on its fourth quarter 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) 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 twelve-month target prices for Apple's stock. Their forecasts range from $150.00 to $270.00. On average, they expect Apple's stock price to reach $217.20 in the next twelve months. 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?
News stories about AAPL stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Apple earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news stories about the iPhone maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Apple.
Are investors shorting Apple?
Apple saw a increase in short interest in 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 days-to-cover ratio is presently 1.7 days. Approximately 1.0% of the company's shares are short sold. View Apple's Current Options Chain.
Who are some of Apple's key competitors?
Some companies that are related to Apple include Dell (DELL), Nice (NICE), CAPCOM CO LTD/ADR (CCOEY), Teradata (TDC), Omnicell (OMCL), Cray (CRAY), Super Micro Computer (SMCI), Fitbit (FIT), Huami (HMI), One Stop Systems (OSS), CCUR (CCUR) and Socket Mobile (SCKT).
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 many different of institutional and retail 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 institutional 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 institutional investors are buying Apple stock?
AAPL stock was purchased 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?
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.
