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QQQ   437.05
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S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
66,000% upside on tiny biotech? (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
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Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
66,000% upside on tiny biotech? (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
66,000% upside on tiny biotech? (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
66,000% upside on tiny biotech? (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
66,000% upside on tiny biotech? (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
66,000% upside on tiny biotech? (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app

Apple (AAPL) Stock Price, News & Analysis

$188.85
+0.53 (+0.28%)
(As of 02/9/2024 08:55 PM ET)
Today's Range
$188.00
$189.99
50-Day Range
$181.18
$198.11
52-Week Range
$143.90
$199.62
Volume
45.16 million shs
Average Volume
57.42 million shs
Market Capitalization
$2.92 trillion
P/E Ratio
29.42
Dividend Yield
0.51%
Price Target
$205.72

Apple MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
8.9% Upside
$205.72 Price Target
Short Interest
Healthy
0.66% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.97
Upright™ Environmental Score
News Sentiment
0.62mentions of Apple in the last 14 days
Based on 106 Articles This Week
Insider Trading
Selling Shares
$24.36 M Sold Last Quarter
Proj. Earnings Growth
8.38%
From $6.56 to $7.11 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.81 out of 5 stars

Computer And Technology Sector

28th out of 586 stocks

Electronic Computers Industry

1st out of 5 stocks


AAPL stock logo

About Apple Stock (NASDAQ:AAPL)

Apple Inc. is among the world's most iconic brands. Founded on April 1, 1976, by Steve Jobs and Steve Wozniak, it is now the leading producer of consumer electronics and an economy all of its own. The was valued at over $2.6 trillion in 2022 and brought in $0.4 trillion in revenue making it equal in size to the economies of Thailand and Belgium which are ranked 24th and 23rd largest worldwide.

Founders Jobs and Wozniak, both college dropouts, founded the company with the idea of changing the way people looked at computers. Their vision coincided with a revolution within the PC industry and helped to create personal computing as we know it today. The company’s first product was a personal computer known as the Apple 1 but the product line has since evolved to include a wide range of desirable personal computing devices.

Tim Cook took over the role of CEO in 2011 shortly before the death of Steve Jobs. Cook joined the company in 1988 as Senior VP of Global Sales and went on to become Executive VP of Global Operations before taking on the chief executive role. In his tenure, Mr. Cook has more than doubled Apple’s revenue and earnings while growing the company’s value by more than 450%.

The company designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple also provides and sells related platforms and services to power them and is the host of a widely-used digital ecosystem. The digital ecosystem revolves around the Apple App Store which lists thousands of games and applications for iOS users. The App Store also features digital content like music, TV, and movies as well as books, podcasts, and other forms of digital content.

Apple is headquartered in Apple Park, an ultra-modern campus built in Cupertino, California. The campus features a massive circular building nicknamed The Spaceship and provides working space for over 12,000 employees. The circular shape houses a park and a pond and there are many amenities within the facility including cafes, a wellness center, care clinics, and terminals for the shuttle system.

The company’s core product line has shifted away from computers over the years and towards iPhones and devices but computing is still fundamental to the business. In regard to iPhones, Apple’s products are routinely ranked as the top-selling in all comparisons. Other product lines include Mac (a line of computers), iPad (a line of tablets), AirPods (wifi-enabled earbuds), wearables like the Watch, home accessories such as Apple TV, and smart-home devices like the HomePod.

Finally, Apple provides AppleCare support services, cloud store services, and a host of other service offerings intended to simplify life. Among them are Apple News (subscription news), Apple TV+ (subscription TV with original content), Apple Card (consumer credit card), and Apple Pay (mobile cashless pay feature).

Apple computers and wifi-enabled smart devices are in demand by consumers, small and mid-sized businesses, the education sector, enterprises, and governments worldwide because they are high-quality, long-lasting, powerful devices. The company sells its products through an omnichannel network of DTC, wholesales, and eCommerce channels including mobile carriers, retailers, and resellers.

AAPL Stock Price History

AAPL Stock News Headlines

Will the dominance of the Magnificent 7 persist in 2024? (AAPL)
With 2024 underway, it's time to peel back the curtain and examine how the Magnificent Seven have performed and whether or not the 2023 theme remains intact.
Before Usher hits the Super Bowl halftime stage, Apple Music builds anticipation ahead of big show
As the Super Bowl halftime show sponsor, Apple music wants to leave an influential mark like never before
[BREAKING] Pentagon to Spend Billions on "Living Missile"
Air Force Magazine calls it "transformational." The Wall Street Journal calls it one of the Pentagon's "highest priorities." National Defense Magazine reports "Eye-popping budget" for it. This small company won the first contract to build them!
S&P 500 rockets to new highs as earnings beat estimates (AAPL)
The S&P 500 hits new highs as 10 of the 11 S&P sectors report positive Q4 earnings surprises. The tech and energy sectors are among the earnings leaders.
Cirrus Logic: A chip stock you're going to hear a lot more about (AAPL)
With the semiconductor industry as a whole bouncing back from a tough couple of years, there's a lot of upward momentum to get excited about.
Qualcomm extends Apple, Samsung deals, stock up on AI growth (AAPL)
Qualcomm's fiscal Q1 earnings exceeded analyst expectations, driven by robust revenue growth in its chipset business and further expansion into AI applications.
AMD, Broadcom, Marvell, Nvidia: Big gainers from new AI spending (AAPL)
Chipmakers including AMD, Broadcom, Marvell and Nvidia are set to benefit from a surge in data center AI investment by tech titans such as Google and Microsoft
Apple App Store - Top Apps
Apple App Store - Top Apps Week ending 2/4/2024
[BREAKING] Pentagon to Spend Billions on "Living Missile"
Air Force Magazine calls it "transformational." The Wall Street Journal calls it one of the Pentagon's "highest priorities." National Defense Magazine reports "Eye-popping budget" for it. This small company won the first contract to build them!
Peloton stock backpedals to a new low as shorts win (AAPL)
While bullish Peloton traders keep up the faith for a short squeeze rally, bearish sellers keep laughing all the way to the bank.
'Argylle,' with checkered reviews, flops with $18M for the big-budget Apple release
Apple has had it’s first box office flop
Controversial podcast host Joe Rogan signs new multiyear deal with Spotify
Spotify has penned a new multi-year partnership deal with controversial podcast host Joe Rogan, whose enormously popular show will soon also be available on competing platforms, including YouTube and Apple Podcasts
Why Apple Is No Longer A Great Stock
Could Apple Help You Become a Millionaire?
Are Investors Underestimating McDonald's?
Apple: Poised To Continue Disrupting Our Lifestyles
Apple’s New Face Computer Is For Work
Apple: Vision Pro Is Bullish Long Term
See More Headlines
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Company Calendar

Ex-Dividend for 11/16 Dividend
11/10/2023
Dividend Payable
11/16/2023
Last Earnings
2/01/2024
Ex-Dividend for 2/15 Dividend
2/09/2024
Today
2/11/2024
Dividend Payable
2/15/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Electronic computers
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:AAPL
CUSIP
03783310
Employees
161,000
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$205.72
High Stock Price Target
$250.00
Low Stock Price Target
$158.00
Potential Upside/Downside
+8.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
33 Analysts

Profitability

Net Income
$97.00 billion
Pretax Margin
30.71%

Debt

Sales & Book Value

Annual Sales
$383.29 billion
Cash Flow
$6.98 per share
Book Value
$4.80 per share

Miscellaneous

Outstanding Shares
15,441,880,000
Free Float
15,432,616,000
Market Cap
$2.92 trillion
Optionable
Optionable
Beta
1.31

Social Links

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AAPL Stock Analysis - Frequently Asked Questions

Should I buy or sell Apple stock right now?

33 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 1 sell rating, 10 hold ratings, 21 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AAPL shares.
View AAPL analyst ratings
or view top-rated stocks.

What is Apple's stock price target for 2024?

33 brokerages have issued 1-year price objectives for Apple's shares. Their AAPL share price targets range from $158.00 to $250.00. On average, they expect the company's share price to reach $205.72 in the next year. This suggests a possible upside of 8.9% from the stock's current price.
View analysts price targets for AAPL
or view top-rated stocks among Wall Street analysts.

How have AAPL shares performed in 2024?

Apple's stock was trading at $192.53 at the beginning of 2024. Since then, AAPL shares have decreased by 1.9% and is now trading at $188.85.
View the best growth stocks for 2024 here
.

When is Apple's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our AAPL earnings forecast
.

How were Apple's earnings last quarter?

Apple Inc. (NASDAQ:AAPL) released its quarterly earnings data on Thursday, February, 1st. The iPhone maker reported $2.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.09 by $0.09. The iPhone maker earned $119.60 billion during the quarter, compared to analysts' expectations of $117.99 billion. Apple had a net margin of 26.16% and a trailing twelve-month return on equity of 156.04%. The firm's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.88 EPS.
Read the conference call transcript
.

How often does Apple pay dividends? What is the dividend yield for Apple?

Apple declared a quarterly dividend on Thursday, February 1st. Investors of record on Monday, February 12th will be paid a dividend of $0.24 per share on Thursday, February 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date of this dividend is Friday, February 9th.
Read our dividend analysis for AAPL
.

Is Apple a good dividend stock?

Apple (NASDAQ:AAPL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 0.51%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 14.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAPL will have a dividend payout ratio of 13.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AAPL.

When did Apple's stock split?

Apple shares split before market open on Monday, August 31st 2020. The 4-1 split was announced on Thursday, July 30th 2020. The newly minted shares were payable to shareholders after the closing bell on Friday, August 28th 2020. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

How will Apple's stock buyback program work?

Apple declared that its board has initiated a stock repurchase program on Thursday, May 4th 2023, which permits the company to buyback $90,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 3.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

What is Tim Cook's approval rating as Apple's CEO?

11,001 employees have rated Apple Chief Executive Officer Tim Cook on Glassdoor.com. Tim Cook has an approval rating of 94% among the company's employees. This puts Tim Cook in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Tesla (TSLA), Micron Technology (MU), Netflix (NFLX), General Electric (GE), Walt Disney (DIS), Advanced Micro Devices (AMD), AT&T (T) and Boeing (BA).

Who are Apple's major shareholders?

Apple's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Norges Bank (1.14%), Charles Schwab Investment Management Inc. (0.55%), International Assets Investment Management LLC (0.46%), Fisher Asset Management LLC (0.35%), Swiss National Bank (0.32%) and Dimensional Fund Advisors LP (0.30%). Insiders that own company stock include Arthur D Levinson, Chris Kondo, Deirdre O'brien, Jeffrey E Williams, Jeffrey E Williams, Katherine L Adams, Katherine L Adams, Luca Maestri and Timothy D Cook.
View institutional ownership trends
.

How do I buy shares of Apple?

Shares of AAPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Apple have any subsidiaries?
The following companies are subsidiares of Apple: AI Music, Acunu, Akonia Holographics, AlgoTrim, Anobit Technologies, Apple Asia LLC, Apple Asia Limited, Apple Canada Inc., Apple Computer Trading Shanghai Co. Ltd., Apple Distribution International Limited, Apple Insurance Company Inc., Apple Japan Inc., Apple Korea Limited, Apple Operations Europe Limited, Apple Operations International Limited, Apple Operations Limited, Apple Pty Limited, Apple Sales International Limited, Apple South Asia Thailand Limited, Asaii Inc, AuthenTec, Beats, Beddit, Blue Fish Labs, Blue Spruce Technologies, Booklamp, Braeburn Capital Inc., BroadMap, Buddybuild, Burstly, C3 Technologies, Camel Audio, Camerai, Catch.com, Chomp, Coherent Navigation, Color Labs, Concept.io, Coral Software, Credit Kudos, Cue, DataTiger, Dialog Semiconductor, Drive.ai, Dryft, Emagic, Embark1, Emotient, Fashwell, Fingerworks, Fleetsmith, Flyby Media, FoundationDB, Gliimpse, HopStop.com, IKinema LTD, InVisage Technologies, Inductiv, Intel's smartphone modem business, Intrinsity, Joby Aviation, Lala, Laserlike, Lattice, LearnSprout, LegbaCore, Limited Liability Company Apple Rus, Linx Imaging, Locationary, LuxVue Technology, MOG, Mapsense, Matcha, Mobeewave, Nashoba Systems, NeXT, NetSelector, Network Innovations, Next Issue Media, NextVR, Nothing Real, Novauris, Orion Network Systems, OttoCat, PA Semi, Particle, Passif Semiconductor, Paws Inc, Perceptio, Placebase, Platoon, Polar Rose, Poly9, Pop Up Archive, Power Computing, PowerSchool, PowerbyProxi, PrimeSense, Primephonic, Prismo Graphics, Privaris, Propel Software, Propel Software Corporation, Proximity, Prss, PullString, Quattro Wireless, RareLight, Raycer Graphics, RealFace, Redmatica, Regaind, SMI Holding, SchemaSoft, Scout FM, Semetric, Shazam, Silicon Color, Silk Labs, Siri, SnappyLabs, SourceDNA, Spaces, Spectral Edge, Spektral, Spotsetter, Stamplay, Styleware, Texture by Next Issue, The Dark Sky Company, Topsy Labs, Tueo Health, Turi, Union Bay Networks, Vilynx, VocalIQ, Voysis, Vrvana, WiFiSLAM, Workflow, Xnor.ai, Zayante, faceshift, iTunes K.K., imsense, indoor.io, metaio, and tuplejump.
Read More
This page (NASDAQ:AAPL) was last updated on 2/12/2024 by MarketBeat.com Staff

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