Fundamentals for Apple Inc.
With a forward EPS greater than its trailing EPS, AAPL is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's...
Business Operations:
Sector: TechnologyIndustry: Consumer Electronics
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 Vision Pro, Apple TV, Apple Watch, Beats products, and HomePod, as well as Apple branded and third-party accessories. 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, as well as advertising services include third-party licensing arrangements and its own advertising platforms. In addition, the company offers various subscription-based 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 and live sports; 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 and resellers. The company was formerly known as Apple Computer, Inc. and changed its name to Apple Inc. in January 2007. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.
Revenue projections:
Financial Ratios:
| currentRatio | 1.00300 |
|---|---|
| forwardPE | 35.85982 |
| debtToEquity | 78.44500 |
| earningsGrowth | 0.28700 |
| revenueGrowth | 0.16400 |
| grossMargins | 0.48653 |
| operatingMargins | 0.32623 |
| trailingEps | 8.72000 |
| forwardEps | 9.57785 |
AAPL's current ratio, being 1.003, means the company is well-positioned to meet its short-term debt obligations. This reflects AAPL's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
Apple Inc.'s positive earnings and revenue growth indicate that the company is expected to continue expanding its business. These trends reflect strong financial health, with increasing profits and sales suggesting sustained growth and success for Apple Inc..
Apple Inc.'s positive gross and operating margins suggest that the company is operating profitably. These strong margins indicate effective cost management and revenue generation, contributing to a solid financial foundation.
With a forward EPS greater than its trailing EPS, AAPL is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.
Price projections:
Insider Transactions:
AAPL experienced 21 selling transactions, with market price of 278.54666718982514.No sell transactions took place in the period under consideration.The trend of more buys than sells at AAPL's current price levels suggests a possible bullish sentiment. This could indicate that investors are expecting a favorable outlook for the stock, prompting more buying activity.
Recommendation changes over time:
Analysts have been favoring AAPL with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning AAPL as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.