Apple Inc. (AAPL)

Last Closing Price: 157.83 (2023-03-22)

Company Description

Apple's business primarily runs around its flagship iPhone. However, the Services portfolio that includes cloud services, App store, Apple Music, AppleCare, Apple Pay & licensing and other services which become the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod have gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helps Apple to strengthen its presence in the personal health monitoring space. Apple also designs, manufactures and sells iPad, MacBookand HomePod. These devices are powered by software applications including iOS, macOS, watchOS and tvOS operating systems. Apple's other services include subscription-based Apple News, Apple Card, Apple Arcade, new Apple TV app, Apple TV channels and Apple TV, a new subscription service.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $394.33B
Net Income (Most Recent Fiscal Year) $99.80B
PE Ratio (Current Year Earnings Estimate) 26.05
PE Ratio (Trailing 12 Months) 26.72
PEG Ratio (Long Term Growth Estimate) 2.08
Price to Sales Ratio (Trailing 12 Months) 6.43
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 43.90
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 22.58
Pre-Tax Margin (Trailing 12 Months) 29.28%
Net Margin (Trailing 12 Months) 24.56%
Return on Equity (Trailing 12 Months) 163.45%
Return on Assets (Trailing 12 Months) 27.46%
Current Ratio (Most Recent Fiscal Quarter) 0.94
Quick Ratio (Most Recent Fiscal Quarter) 0.89
Debt to Common Equity (Most Recent Fiscal Quarter) 1.76
Inventory Turnover (Trailing 12 Months) 38.95
Book Value per Share (Most Recent Fiscal Quarter) $3.19
Earnings per Share (Most Recent Fiscal Quarter) $1.88
Earnings per Share (Most Recent Fiscal Year) $6.11
Diluted Earnings per Share (Trailing 12 Months) $5.89
Exchange NASDAQ
Sector Technology
Industry Consumer Electronics
Common Shares Outstanding 15.82B
Free Float 15.81B
Market Capitalization $2490.37B
Average Volume (Last 20 Days) 64.26M
Beta (Past 60 Months) 1.30
Percentage Held By Insiders (Latest Annual Proxy Report) 0.06%
Percentage Held By Institutions (Latest 13F Reports) 57.60%
Annual Dividend (Based on Last Quarter) $0.92
Dividend Yield (Based on Last Quarter) 0.58%