Apple Inc Stock Today

AAPL Stock  USD 173.72  1.10  0.64%   

Performance

0 of 100

 
Low
 
High
Very Weak

Odds Of Distress

Less than 3

 
100  
 
Zero
Very Low
Apple is selling for 173.72 as of the 19th of March 2024. This is a 0.64 percent up since the beginning of the trading day. The stock's lowest day price was 173.52. Apple has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Apple Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
12th of December 1980
Category
Technology
Classification
Information Technology
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California. Apple operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. The company has 15.44 B outstanding shares of which 111.93 M shares are presently shorted by private and institutional investors with about 1.95 trading days to cover. More on Apple Inc

Moving together with Apple Stock

  0.69KE Kimball Electronics Financial Report 2nd of May 2024 PairCorr

Moving against Apple Stock

  0.72NTNX Nutanix Report 22nd of May 2024 PairCorr
  0.67MAPSW WM TechnologyPairCorr
  0.66MU Micron Technology Earnings Call TomorrowPairCorr
  0.66IBM International Business Fiscal Quarter End 31st of March 2024 PairCorr
  0.55MSFT Microsoft Fiscal Quarter End 31st of March 2024 PairCorr
  0.5VRME VerifyMe Earnings Call This WeekPairCorr

Apple Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Apple's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Apple or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Apple's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Apple's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO, DirectorTim Cook
Thematic Ideas
Showing 3 out of 9 themes
Business ConcentrationTechnology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, Dow Jones Industrial, Nasdaq CTA Artificial, SP 500 Index, NASDAQ 100 Technology, SP 100 Index, SP 100, Nasdaq 100, ARCA Computer Technology, Dow Jones Composite, NASDAQ 100 Pre, NASDAQ Composite, ARCA Institutional, NASDAQ Composite Total, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Millennials Best, Artificial Intelligence, Driverless Cars, Dividend Beast, Investor Favorites, Warren Buffett Holdings, Disruptive Technologies, Corona Opportunity, ESG Investing, Information Technology, Technology Hardware, Storage & Peripherals, Consumer Electronics, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Apple report their recommendations after researching Apple's financial statements, talking to executives and customers, or listening in on Apple's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Apple Inc. The Apple consensus assessment is calculated by taking the average forecast from all of the analysts covering Apple.
Financial Strength
Based on the measurements of operating efficiency obtained from Apple's historical financial statements, Apple Inc is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of Apple Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.260.25
Sufficiently Up
Slightly volatile
Asset Turnover1.341.25
Notably Up
Slightly volatile
Gross Profit Margin0.410.51
Significantly Down
Slightly volatile
Total Current Liabilities175.5 B167.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total175.2 B166.9 B
Sufficiently Up
Slightly volatile
Total Assets425.7 B405.5 B
Sufficiently Up
Slightly volatile
Total Current Assets173.4 B165.1 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities133.5 B127.1 B
Sufficiently Up
Slightly volatile
Apple's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Apple's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Apple's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Apple's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Apple's financial leverage. It provides some insight into what part of Apple's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Apple's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Apple deploys its capital and how much of that capital is borrowed.
Liquidity
Apple cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 111.09 B in liabilities with Debt to Equity (D/E) ratio of 2.61, implying the company greatly relies on financing operations through barrowing. Apple Inc has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Apple until it has trouble settling it off, either with new capital or with free cash flow. So, Apple's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Apple Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Apple to invest in growth at high rates of return. When we think about Apple's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

30.16 Billion
Apple Inc (AAPL) is traded on NASDAQ Exchange in USA. It is located in One Apple Park Way, Cupertino, CA, United States, 95014 and employs 161,000 people. Apple is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 2.67 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Apple's market, we take the total number of its shares issued and multiply it by Apple's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Apple Inc conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 15.44 B outstanding shares of which 111.93 M shares are presently shorted by private and institutional investors with about 1.95 trading days to cover. Apple Inc currently holds about 29.96 B in cash with 110.54 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.04.
Check Apple Probability Of Bankruptcy
Ownership Allocation
Apple holds a total of 15.44 Billion outstanding shares. Over half of Apple's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Apple. Please watch out for any change in the institutional holdings of Apple Inc as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Apple Ownership Details

Apple Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Apple jumping above the current price in 90 days from now is more than 93.0%. The Apple Inc probability density function shows the probability of Apple stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Apple has a beta of 0.6937. This suggests as returns on the market go up, Apple average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Apple Inc will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Apple Inc is significantly underperforming NYSE Composite.
  Odds Below 173.72HorizonTargetOdds Above 173.72
6.66%90 days
 173.72 
93.25%
Based on a normal probability distribution, the odds of Apple to move above the current price in 90 days from now is more than 93.0 (This Apple Inc probability density function shows the probability of Apple Stock to fall within a particular range of prices over 90 days) .

Apple Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Apple that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Apple's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Apple's value.
InstituionRecorded OnShares
Legal & General Group Plc2023-12-31
138.5 M
Jpmorgan Chase & Co2023-12-31
137.5 M
Bank Of New York Mellon Corp2023-12-31
118.8 M
Bank Of America Corp2023-12-31
112 M
Charles Schwab Investment Management Inc2023-12-31
85 M
Nuveen Asset Management, Llc2023-12-31
80 M
Ubs Asset Mgmt Americas Inc2023-12-31
75.1 M
Royal Bank Of Canada2023-12-31
62.7 M
Wellington Management Company Llp2023-12-31
60.7 M
Vanguard Group Inc2023-12-31
1.3 B
Blackrock Inc2023-12-31
B
View Apple Diagnostics

Apple Historical Income Statement

Apple Inc Income Statement is one of the three primary financial statements used for reporting Apple's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Apple Inc revenue and expense. Apple Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Apple's Other Operating Expenses is quite stable compared to the past year. Operating Income is expected to rise to about 138 B this year, although the value of Extraordinary Items is projected to rise to (1.3 B). View More Fundamentals

Apple Stock Against Markets

Picking the right benchmark for Apple stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Apple stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Apple is critical whether you are bullish or bearish towards Apple Inc at a given time. Please also check how Apple's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Apple without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Holdings Now

   

Portfolio Holdings

Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
All  Next Launch Module

Apple Corporate Directors

Apple corporate directors refer to members of an Apple board of directors. The board of directors generally takes responsibility for the Apple's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Apple's board members must vote for the resolution. The Apple board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Suhasini ChandramouliDirector RelationsProfile
Andrea JungIndependent DirectorProfile
Susan WagnerDirectorProfile
Bob IgerIndependent DirectorProfile

How to buy Apple Stock?

Before investing in Apple, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Apple. To buy Apple stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Apple. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Apple stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Apple Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Apple Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Apple Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Apple Stock please use our How to Invest in Apple guide.

Already Invested in Apple Inc?

The danger of trading Apple Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Apple is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Apple. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Apple Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Apple Inc is a strong investment it is important to analyze Apple's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Apple Stock analysis

When running Apple's price analysis, check to measure Apple's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Bonds Directory
Find actively traded corporate debentures issued by US companies
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Stocks Directory
Find actively traded stocks across global markets
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Fundamental Analysis
View fundamental data based on most recent published financial statements
Is Apple's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.16
Dividend Share
0.95
Earnings Share
6.44
Revenue Per Share
24.648
Quarterly Revenue Growth
0.021
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple's market value can be influenced by many factors that don't directly affect Apple's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.