What the Smart Investors Know About Apple

Large-cap Technology company Apple has logged a 0.7% change today on a trading volume of 49,677,887. The average volume for the stock is 55,608,009.

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Based in Cupertino, United States the company has 161,000 full time employees and a market cap of $3,043,838,656,512. Apple currently offers its equity investors a dividend that yields 0.5% per year.

The company is now trading -1.16% away from its average analyst target price of $198.01 per share. The 39 analysts following the stock have set target prices ranging from $159.0 to $240.0, and on average give Apple a rating of buy.

Over the last 52 weeks, AAPL stock has risen 38.0%, which amounts to a 20.0% difference compared to the S&P 500. The stock's 52 week high is $198.23 whereas its 52 week low is $124.17 per share. Based on Apple's average net margin growth of 2.4% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 383,285,000 96,995,000 25 0.0
2022 394,328,000 99,803,000 25 -3.85
2021 365,817,000 94,680,000 26 23.81
2020 274,515,000 57,411,000 21 0.0
2019 260,174,000 55,256,000 21 -4.55
2018 265,595,000 59,531,000 22
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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