Apple Inc

Known primarily for its consumer electronics products, Apple Inc. is an American company credited with inventing the Macintosh computer, iPhone, and iPad, among numerous other devices, wearables, and accessories. Under the leadership of founder Steve Jobs, the company rose to prominence with high-quality products and innovative marketing. Apple customers are often fiercely loyal to the brand, with approximately 90% of iPhone users unwilling to switch and many showing a strong preference for the company's products and accessories. As one of the largest tech companies in the world, Apple Inc. has a market cap of over $2 trillion and is considered the planet’s most valuable company by many industry experts. In addition to the revenue from products, Apple brings in a significant portion of its income through software services—nearly double what it makes from selling devices.

$172.40
(as of Oct 3, 2023, 4:00 PM EST)

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Ticker Information for Apple Inc

Stock Price
$172.40
Ticker Symbol
AAPL
Exchange
NASDAQ

Industry Information for Apple Inc

Sector
Technology
Industry
Consumer Electronics

Company Description for Apple Inc

Country
USA
Full Time Employees
164,000

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud 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. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness 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.

Fundamentals for Apple Inc

Market Capitalization
$3,076,612,423,680
EBITDA
$123,788,001,280
Dividends per Share
$0.92
P/E Ratio
33.21
Forward P/E Ratio
25.4
Earnings per Share
$5.89
Earnings per Share Estimate Next Year
$6.59
Profit Margin
24.49%
Shares Outstanding
15,728,700,416
Percent Owned by Insiders
0.07%
Percent Owned by Institutions
61.32%
52-Week High
$198.23
52-Week Low
$123.81

Technical Indicators for Apple Inc

50-Day Moving Average
$186.19
200-Day Moving Average
$159.30
RSI
38.25
3.58

Analyst Ratings for Apple Inc

Strong Buy
22
Buy
9
Hold
11
Sell
2
Strong Sell
1

News About Apple Inc

Oct 3, 2023, 5:38 PM EST
Microsoft CEO Satya Nadella arrives at federal court on October 2, 2023 in Washington, DC. See more.
Oct 3, 2023, 5:06 PM EST
Earnings-wise, this a will be a quiet one before the next earnings season kicks off in mid-October. See more.
Oct 3, 2023, 4:09 PM EST
Streaming prices have ballooned across the board with Netflix (NFLX) being the latest platform that will reportedly raise prices as profitability becomes top of mind for media companies. See more.
Oct 3, 2023, 3:48 PM EST
Tech giant Apple will now request app providers in its China App Store to prove they have a government listing, as Beijing tightens oversight. See more.
Oct 3, 2023, 3:42 PM EST
Companies with ample cash on their balance sheets boast a flexible nature, as they’re better equipped to weather a potential economic downturn, can capitalize on growth opportunities, and provide investors with peace of mind. See more.

Other Companies in the Consumer Electronics Industry