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Apple Inc Stock Research

AAPL

154.65USD+2.92(+1.92%)Market Closed

Market Summary

USD154.65+2.92
Market Closed
1.92%

AAPL Stock Price

AAPL RSI Chart

AAPL Valuation

Market Cap

2.5T

Price/Earnings (Trailing)

24.71

Price/Sales (Trailing)

6.25

EV/EBITDA

18.34

Price/Free Cashflow

22.12

AAPL Price/Sales (Trailing)

AAPL Profitability

EBT Margin

30.20%

Return on Equity

196.96%

Return on Assets

28.29%

Free Cashflow Yield

4.52%

AAPL Fundamentals

AAPL Revenue

Revenue (TTM)

394.3B

Revenue Y/Y

8.14%

Revenue Q/Q

8.66%

AAPL Earnings

Earnings (TTM)

99.8B

Earnings Y/Y

0.83%

Earnings Q/Q

6.58%

Price Action

52 Week Range

124.17178.80
(Low)(High)

Last 7 days

7.2%

Last 30 days

19.3%

Last 90 days

14.7%

Trailing 12 Months

-9.5%

AAPL Financial Health

Current Ratio

0.88

Debt/Equity

2.15

Debt/Cashflow

1.12

AAPL Investor Care

Dividend Yield

0.58%

Dividend/Share (TTM)

0.9

Buy Backs (1Y)

2.94%

Diluted EPS (TTM)

6.11

Peers (Alternatives to Apple)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
394.3B
19.31% -9.50%
24.71
6.25
7.79% 5.41%
29.4B
63.0B
5.78% -18.90%
9.18
0.47
-0.79% -50.75%
14.7B
9.4B
27.53% -33.71%
23.77
1.57
-21.90% -66.38%
14.6B
6.5B
5.92% -21.11%
9.92
2.23
8.27% 56.58%
13.7B
17.5B
15.90% -16.91%
14.94
0.78
-3.17% -38.50%
MID-CAP
10.1B
5.2B
-2.28% -8.91%
23.92
1.97
10.61% 181.21%
9.1B
2.7B
13.42% 14.37%
672.29
3.43
34.27% 106.43%
4.3B
6.0B
-2.86% 115.68%
9.76
0.72
57.15% 301.21%
3.8B
7.9B
13.64% -25.33%
27.15
0.48
16.53% 179.55%
2.6B
7.0B
2.25% -19.08%
-2.33
0.37
-3.47% -476.43%
SMALL-CAP
1.5B
556.2M
39.49% -35.43%
-14.49
2.69
-12.75% -133.51%
206.4M
3.6B
67.31% -67.17%
-0.44
0.06
-10.12% -413.74%
144.4M
402.6M
27.05% -66.01%
-4.49
0.36
8.80% 23.40%
72.5M
71.9M
20.27% -10.62%
111.8
1.01
23.75% -78.12%
14.8M
22.2M
1.97% -44.06%
26.17
0.67
2.03% -88.84%

Financials for Apple

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.8%394,328387,542386,017378,323365,817
Gross Profit1.7%170,782167,861167,231162,751152,836
Operating Expenses3.7%51,34549,53247,85245,84843,887
  S&GA Expenses3.4%25,09424,27023,67022,79121,973
  R&D Expenses3.9%26,25125,26224,18223,05721,914
EBITDA1.1%133,138131,698132,974130,885123,136
EBITDA Margin-0.6%0.34*0.34*0.34*0.35*0.34*
Earnings Before Taxes1.2%119,103117,694118,997116,869109,207
EBT Margin-0.5%0.30*0.30*0.31*0.31*0.30*
Interest Expenses5.6%2,9312,7762,7222,7012,645
Net Income0.2%99,80399,633101,935100,55594,680
Net Income Margin-1.6%0.25*0.26*0.26*0.27*0.26*
Free Cahsflow3.6%111,443107,582105,793101,85392,953
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets4.9%352,755336,309350,662381,191351,002
  Current Assets20.6%135,405112,292118,180153,154134,836
    Cash Equivalents-14.0%23,64627,50228,09837,11934,940
  Inventory-9.0%4,9465,4335,4605,8766,580
  Net PPE4.4%42,11740,33539,30439,24539,440
Liabilities8.6%302,083278,202283,263309,259287,912
  Current Liabilities18.6%153,982129,873127,508147,574125,481
    LT Debt, Current-20.6%11,12814,0099,65911,1699,613
    LT Debt, Non Current4.5%98,95994,700103,323106,629109,106
Shareholder's Equity-12.8%50,67258,10767,39971,93263,090
  Retained Earnings-158.0%-3,068.005,28912,71214,4355,562
Accumulated Depreciation1.2%72,34071,51670,02068,45470,283
Shares Outstanding-0.9%15,94316,09516,20816,34116,427
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations3.3%122,151118,224116,426112,241104,038
  Share Based Compensation3.8%9,0388,7058,4228,1517,906
Cashflow From Investing-10.1%-22,354.00-20,302.00-20,964.00-22,067.00-14,545.00
Cashflow From Financing-6.1%-110,749.00-104,337.00-106,288.00-89,263.00-93,353.00
  Dividend Payments0.4%14,84114,77814,73414,58614,467
  Buy Backs5.5%89,40284,72285,75781,67485,971

Risks for AAPL

What is the probability of a big loss on AAPL?

53.9%


Probability that Apple stock will be more than 20% underwater in next one year

16.9%


Probability that Apple stock will be more than 30% underwater in next one year.

0%


Probability that Apple stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AAPL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Apple was unfortunately bought at previous high price.

Drawdowns

Returns for AAPL

Cumulative Returns on AAPL

26.6%


10-Year Cumulative Returns

32.3%


7-Year Cumulative Returns

33.2%


5-Year Cumulative Returns

25.3%


3-Year Cumulative Returns

What are the long-term rolling returns for AAPL?

FIve years rolling returns for Apple.

Annualized Returns

Which funds bought or sold AAPL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-02-06
Murphy Pohlad Asset Management LLC
reduced
-3.42
-313,712
3,104,290
1.27%
2023-02-06
Parsec Financial Management, Inc.
reduced
-1.81
-7,976,440
95,795,600
4.26%
2023-02-06
Daiwa Securities Group Inc.
added
4.68
-3,839,000
238,001,000
1.83%
2023-02-06
HAMEL ASSOCIATES, INC.
reduced
-1.14
-1,043,200
13,721,800
4.77%
2023-02-06
Arete Wealth Advisors, LLC
reduced
-0.97
27,827,000,000
27,856,900,000
2.44%
2023-02-06
Wiser Wealth Management, Inc
reduced
-21.38
-222,351
630,649
0.29%
2023-02-06
WEST CHESTER CAPITAL ADVISORS, INC
reduced
-7.08
-257,038
1,777,960
3.54%
2023-02-06
Kentucky Retirement Systems
added
0.44
-9,105,000
154,317,000
6.09%
2023-02-06
Private Wealth Group, LLC
added
17.43
57,491
614,491
0.87%
2023-02-06
DILLON & ASSOCIATES INC
reduced
-0.96
-3,259,000
45,357,000
9.81%

1–10 of 49

Latest Funds Activity

Are funds buying AAPL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AAPL
No. of Funds

Apple News

Benzinga

Apple May Introduce 'Buy Now, Pay Later' Sooner Than You Think - Apple (NASDAQ:AAPL).

Benzinga,
77 minutes ago

Investor's Business Daily

Investor's Business Daily

Yahoo Finance UK

Apple stock: the bull and bear case.

Yahoo Finance UK,
14 hours ago

InvestorPlace

Zacks Investment Research

Is Trending Stock Apple Inc. (AAPL) a Buy Now?.

Zacks Investment Research,
40 hours ago

Schedule 13G FIlings of Apple

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2022
vanguard group inc
7.69%
1,261,261,357
SC 13G/A
Feb 01, 2022
blackrock inc.
6.2%
1,019,810,291
SC 13G/A
Feb 16, 2021
berkshire hathaway inc
5.4%
907,559,761
SC 13G/A
Feb 10, 2021
vanguard group inc
7.38%
1,255,155,794
SC 13G/A
Feb 05, 2021
blackrock inc.
6.2%
1,057,340,486
SC 13G/A
Feb 14, 2020
berkshire hathaway inc
5.6%
250,866,566
SC 13G/A
Feb 14, 2020
berkshire hathaway inc
5.6%
250,866,566
SC 13G/A
Feb 12, 2020
vanguard group inc
7.41%
329,323,432
SC 13G/A
Feb 10, 2020
blackrock inc.
6.3%
277,770,570
SC 13G/A

AAPL Fair Value

Apple fair value in different scenarios

The table shows the Fair Value estimates for Apple for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

95.66

-38.14%

125.65

-18.75%

160.44

3.74%

215.88

39.59%

318.81

106.15%

Current Inflation

86.88

-43.82%

111.94

-27.62%

140.46

-9.18%

187.22

21.06%

273.20

76.66%

Very High Inflation

76.17

-50.75%

95.67

-38.14%

117.29

-24.16%

154.28

-0.24%

221.39

43.16%

Historical Apple Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Apple

View All Filings
Date Filed Form Type Document
Feb 07, 2023
SC 13G/A
Major Ownership Report
Feb 03, 2023
4
Insider Trading
Feb 03, 2023
4
Insider Trading
Feb 03, 2023
4
Insider Trading
Feb 03, 2023
4
Insider Trading
Feb 03, 2023
4
Insider Trading
Feb 03, 2023
4
Insider Trading
Feb 03, 2023
4
Insider Trading
Feb 03, 2023
10-Q
Quarterly Report
Feb 03, 2023
4
Insider Trading

Latest Insider Trading transactions for AAPL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-03
LEVINSON ARTHUR D
gifted
-
-
-1,685
-
2023-02-01
LEVINSON ARTHUR D
acquired
-
-
1,685
-
2023-02-01
SUGAR RONALD D
acquired
-
-
1,685
-
2023-02-01
JUNG ANDREA
acquired
-
-
1,685
-
2023-02-01
WAGNER SUSAN
acquired
-
-
1,685
-
2023-02-01
LOZANO MONICA C
acquired
-
-
1,685
-
2023-02-01
GORE ALBERT JR
acquired
-
-
1,685
-
2023-02-01
BELL JAMES A
acquired
-
-
1,685
-
2023-02-01
Gorsky Alex
acquired
-
-
1,685
-
2022-11-22
KONDO CHRIS
sold
-3,004,140
148.72
-20,200
principal accounting officer

1–10 of 50

Timothy D. Cook
65535
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. In addition, the company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; AirPods Max, an over-ear wireless headphone; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, HomePod, and iPod touch. Further, it provides AppleCare support services; cloud services store services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. Additionally, the company offers various services, such as Apple Arcade, a game subscription service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California.

AAPL Income Statement

2022-12-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Dec. 31, 2022
Dec. 25, 2021
Net sales$ 117,154$ 123,945
Cost of sales66,82269,702
Gross margin50,33254,243
Operating expenses:  
Research and development7,7096,306
Selling, general and administrative6,6076,449
Total operating expenses14,31612,755
Operating income36,01641,488
Other income/(expense), net(393)(247)
Income before provision for income taxes35,62341,241
Provision for income taxes5,6256,611
Net income$ 29,998$ 34,630
Earnings per share:  
Basic (in dollars per share)$ 1.89$ 2.11
Diluted (in dollars per share)$ 1.88$ 2.10
Shares used in computing earnings per share:  
Basic (in shares)15,892,72316,391,724
Diluted (in shares)15,955,71816,519,291
Products  
Net sales$ 96,388$ 104,429
Cost of sales60,76564,309
Services  
Net sales20,76619,516
Cost of sales$ 6,057$ 5,393

AAPL Balance Sheet

2022-12-31
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Dec. 31, 2022
Sep. 24, 2022
Current assets:  
Cash and cash equivalents$ 20,535$ 23,646
Marketable securities30,82024,658
Accounts receivable, net23,75228,184
Inventories6,8204,946
Vendor non-trade receivables30,42832,748
Other current assets16,42221,223
Total current assets128,777135,405
Non-current assets:  
Marketable securities114,095120,805
Property, plant and equipment, net42,95142,117
Other non-current assets60,92454,428
Total non-current assets217,970217,350
Total assets346,747352,755
Current liabilities:  
Accounts payable57,91864,115
Other current liabilities59,89360,845
Deferred revenue7,9927,912
Commercial paper1,7439,982
Term debt9,74011,128
Total current liabilities137,286153,982
Non-current liabilities:  
Term debt99,62798,959
Other non-current liabilities53,10749,142
Total non-current liabilities152,734148,101
Total liabilities290,020302,083
Commitments and contingencies
Shareholders’ equity:  
Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 15,842,407 and 15,943,425 shares issued and outstanding, respectively66,39964,849
Retained earnings/(Accumulated deficit)3,240(3,068)
Accumulated other comprehensive income/(loss)(12,912)(11,109)
Total shareholders’ equity56,72750,672
Total liabilities and shareholders’ equity$ 346,747$ 352,755