Apple Inc Stock Today

AAPL Stock  USD 223.96  0.35  0.16%   

Performance

22 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Apple is selling for 223.96 as of the 23rd of July 2024. This is a 0.16 percent decrease since the beginning of the trading day. The stock's lowest day price was 223.09. Apple has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Apple Inc's common stock.
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 15.33 B outstanding shares of which 132.24 M shares are presently shorted by private and institutional investors with about 1.56 trading days to cover. More on Apple Inc

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Apple Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO and DirectorTimothy Cook
Thematic Ideas
Showing 3 out of 9 themes
Old NameLS 1x Apple Tracker ETP
Business ConcentrationTechnology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, Dow Jones Industrial, Nasdaq CTA Artificial, NASDAQ 100 Technology, SP 500 Index, SP 100 Index, SP 100, ARCA Computer Technology, Nasdaq 100, Dow Jones Composite, NASDAQ 100 Pre, NASDAQ Composite, ARCA Institutional, NASDAQ Composite Total, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Warren Buffett Holdings, Driverless Cars, Corona Opportunity, Disruptive Technologies, Dividend Beast, Investor Favorites, Millennials Best, Artificial Intelligence, ESG Investing, Information Technology, Technology Hardware, Storage & Peripherals, Consumer Electronics, Technology, Cloud Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
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
Pretty Stable
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
Debt Levels
Apple can leverage 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.
Liquidity
Apple Inc 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. Note, when we think about Apple's use of debt, we should always consider it together with its 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 150,000 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 3.44 T. Apple Inc conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 15.33 B outstanding shares of which 132.24 M shares are presently shorted by private and institutional investors with about 1.56 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 15.33 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. Please note that on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Apple Inc's common stock.
Check Apple Ownership Details

Apple Stock Institutional Holders

InstituionRecorded OnShares
Legal & General Group Plc2024-03-31
153 M
Bank Of New York Mellon Corp2024-03-31
114.4 M
Charles Schwab Investment Management Inc2024-03-31
86.7 M
Bank Of America Corp2024-03-31
81.6 M
Nuveen Asset Management, Llc2024-03-31
76.9 M
Goldman Sachs Group Inc2024-03-31
76.1 M
Ubs Asset Mgmt Americas Inc2024-03-31
75 M
Barclays Plc2024-03-31
71.7 M
H&h International Investment, Llc2024-03-31
64.6 M
Vanguard Group Inc2024-03-31
1.3 B
Blackrock Inc2024-03-31
B
View Apple Diagnostics

Apple Historical Income Statement

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

Apple Corporate Executives

Elected by the shareholders, the Apple's board of directors comprises two types of representatives: Apple inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Apple. The board's role is to monitor Apple's management team and ensure that shareholders' interests are well served. Apple's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Apple's outside directors are responsible for providing unbiased perspectives on the board's policies.
Luca MaestriCFO and Sr. VPProfile

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 Sharpe 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.

Additional Information and Resources on Investing in Apple Stock

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 closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Technology Hardware, Storage & Peripherals space 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
0.007
Dividend Share
0.96
Earnings Share
6.44
Revenue Per Share
24.537
Quarterly Revenue Growth
(0.04)
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.