Apple Inc. (AAPL) Stock

About Apple Inc.

Apple Inc. is a global technology corporation that specializes in the conceptualization, production, and sale of a diverse suite of electronic devices. Its comprehensive hardware lineup features the well-known iPhone smartphones, Mac personal computers, and versatile iPad tablets. The company also supplies a range of wearables, smart home products, and accessories, including AirPods, Apple TV, Apple Watch, items from the Beats brand, and HomePod speakers. Beyond its device offerings, Apple delivers essential support services like AppleCare and robust cloud solutions. It oversees key digital platforms, prominently the App Store, which acts as a central hub for customers to discover and download countless applications and digital content, from e-books and music to videos, games, and podcasts. The company also generates revenue via advertising, leveraging both its proprietary ad platforms and third-party licensing deals. Apple's ecosystem is further bolstered by a wide array of subscription-based services: Apple Arcade for gaming, Apple Fitness+ for personalized wellness, Apple Music for curated audio experiences and on-demand radio, Apple News+ for access to news and magazines, and Apple TV+ for exclusive original video programming. Its financial services portfolio includes the co-branded Apple Card and the mobile payment system, Apple Pay. Additionally, Apple strategically licenses its intellectual property. The company serves a broad clientele that spans individual consumers, small and medium-sized enterprises, as well as institutional clients in the education, corporate, and governmental sectors. Products are distributed through a multi-channel strategy, utilizing Apple's own physical retail locations and online storefronts, a dedicated direct sales team, and collaborations with external partners such as mobile network providers, wholesalers, general retailers, and authorized resellers. The App Store additionally functions as the primary conduit for third-party applications designed for its devices. Founded in 1976, Apple Inc. is headquartered in Cupertino, California.

Apple Inc. is led by CEO Timothy D. Cook, employs 164,000 people, headquartered in Cupertino, US, publicly traded since 1980.

Apple Inc. (AAPL) stock trades at $313.33 with a market capitalization of $4.60T. The stock is valued at a price-to-earnings (P/E) ratio of 37.72, price-to-book of 43.19, price-to-sales of 10.17. Over the past 52 weeks the stock has ranged between $201.50 and $343.85, and currently trades 8.9% below its 52-week high. It pays a dividend yielding 0.34%.

On profitability, Apple Inc. generates a return on equity (ROE) of 146.69% — well above the market average, a sign of a high-quality business, return on capital employed of 62.33%, an operating margin of 32.64%, a net profit margin of 27.15%.

In its most recent fiscal year, Apple Inc. reported annual revenue of $416.2B, net profit of $112.0B, revenue has compounded at 8.7% a year over the last five years, profit at 14.3% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.80, a current ratio of 1.07, total assets of $359.2B, $35.9B in cash and equivalents.

AAPL has an average daily trading volume of 54,380,000 shares, a beta of 1.10.

Official website: www.apple.com