Apple Inc

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About Apple Inc

Apple Inc. is an American multinational technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Computer Company by Steve Jobs, Steve Wozniak and Ronald Wayne, the company was incorporated by Jobs and Wozniak as Apple Computer, Inc. the following year.

It was renamed Apple Inc. in 2007 as the company had expanded its focus from computers to consumer electronics. Apple is the largest technology company by revenue, with US$391.04 billion in the 2024 fiscal year.

Apple’s product lineup includes portable and home hardware such as the iPhone, iPad, Apple Watch, Mac, and Apple TV; operating systems such as iOS, iPadOS, and macOS; and various software and services including Apple Pay, iCloud, and multimedia streaming services like Apple Music and Apple TV+.

Apple is one of the Big Five American information technology companies; for the most part since 2011, Apple has been the world’s largest company by market capitalization, and, as of 2023, is the largest manufacturing company by revenue, the fourth-largest personal computer vendor by unit sales, the largest vendor of tablet computers, and the largest vendor of mobile phones in the world. Apple became the first publicly traded U.S. company to be valued at over $1 trillion in 2018, and, as of December 2024, is valued at just over $3.74 trillion.

CEO & DirectorMr. Timothy D. Cook
FOUNDED1 April 1976
HEADQUARTERSCupertino, California United States
WEBSITEapple.com
NUMBER OF EMPLOYEES164,000
SECTORTechnology
INDUSTRYConsumer Electronics
IndexDJIA, NDX, S&P 500Sales Q/Q3.95%
Market Cap3207.06BSMA200-6.27%
Income96.15BInsider Own0.09%
Sales395.76BInsider Trans-5.39%
Book/sh4.44Inst Own63.74%
Cash/sh3.58Inst Trans1.78%
Dividend Est.1.03 (0.48%)ROA27.57%
Dividend TTM1.00 (0.47%)ROE136.52%
Dividend Ex-DateFeb 10, 2025ROI63.80%
Employees164000Gross Margin46.52%
Option/ShortYes / YesOper. Margin31.76%
Sales Surprise0.03%Profit Margin24.30%
SMA20-9.38%Payout16.11%
P/E33.94EarningsJan 30 AMC
Forward P/E26.11Trades466,536
PEG3.49Shs Outstand15.04B
P/S8.1Shs Float15.01B
P/B48.1Short Float0.90%
P/C59.64Short Ratio2.52
P/FCF32.63Short Interest134.44M
Quick Ratio0.8852W Range164.07 – 260.10
Current Ratio0.9252W High-17.92%
Debt/Eq1.4552W Low30.12%
LT Debt/Eq1.26RSI (14)31.15
EPS Surprise2.23%Recom2.14
SMA50-9.13%Rel Volume1.12
EPS (ttm)6.29Avg Volume53.41M
EPS next Y8.18Volume60,064,532
EPS next Q1.61Perf Week-10.70%
EPS this Y8.35%Perf Month-9.87%
EPS next Y11.79%Perf Quarter-13.84%
EPS next 5Y9.73%Perf Half Y-4.12%
EPS past 5Y15.41%Perf Year23.24%
Sales past 5Y9.18%Perf YTD-14.75%
EPS Y/Y TTM-2.14%Beta1.28
Sales Y/Y TTM2.61%ATR (14)6.82
EPS Q/Q10.13%Volatility3.70% 2.65%
Information edited and updated on 14/03/2025 

KEY FINANCIALS


Institutional Ownership

InstitutionPercentage Shareholding
VANGUARD GROUP INC9.23%
BlackRock, Inc.7.43%
STATE STREET CORP3.94%
FMR LLC2.26%
GEODE CAPITAL MANAGEMENT, LLC2.25%
BERKSHIRE HATHAWAY INC1.98%
MORGAN STANLEY1.58%
PRICE T ROWE ASSOCIATES INC /MD/1.46%
NORGES BANK1.24%
JPMORGAN CHASE & CO1.21%

Income Statement

PeriodTTMFY 2024FY 2023
Period End Date9/30/20249/30/2023
Period Length12 Months12 Months12 Months
Total Revenue395,760.00391,035.00383,285.00
Cost of Goods Sold Incl. D&A211,657.00210,352.00214,137.00
Gross Profit184,103.00180,683.00169,148.00
Selling, General and Administrative Excl. Other58,428.0057,467.0054,847.00
Research and Development31,942.0031,370.0029,915.00
Other Operating Expense0.000.000.00
Operating Income125,675.00123,216.00114,301.00
Interest Expense3,933.00
Unusual Expense0.000.000.00
Net Income Before Taxes125,746.00123,485.00113,736.00
Income Taxes29,596.0029,749.0016,741.00
Consolidated Net Income96,150.0093,736.0096,995.00
Net Income From Continuing Operations96,150.0093,736.0096,995.00
Net Income96,150.0093,736.0096,995.00
EPS (Recurring)6.356.086.13
EPS (Basic, Before Extraordinaries)6.326.116.16
EPS (Diluted)6.296.086.13
EBITDA137,352.00134,661.00125,820.00
Price To Earnings Ratio33.3333.3334.68
Price To Sales Ratio9.788.987.06
Gross Margin46.5246.2144.13
Operating Margin31.7631.5129.82
Net Margin24.3023.9725.31
Shares Outstanding15,040.7315,116.7915,550.06
Market Capitalization3,149,833.933,149,833.933,463,341.94
values in Millions, USD

Balance Sheet

PeriodFY 2024FY 2023
Period End Date9/30/20249/30/2023
Cash & Short Term Investments65,171.0061,555.00
Short Term Receivables66,243.0060,985.00
Inventories7,286.006,331.00
Other Current Assets14,287.0014,695.00
Total Current Assets152,987.00143,566.00
Net Property, Plant & Equipment55,914.0054,376.00
Total Investments and Advances91,479.00100,544.00
Long-Term Note Receivable
Intangible Assets
Deferred Tax Assets19,499.00
Other Assets45,101.0054,097.00
Total Assets364,980.00352,583.00
Short Term Debt Incl. Current Port. of LT Debt22,511.0017,382.00
Accounts Payable68,960.0062,611.00
Income Tax Payable26,601.00
Other Current Liabilities58,320.0065,315.00
Total Current Liabilities176,392.00145,308.00
Long Term Debt96,548.00106,548.00
Provision for Risks Charges9,254.0015,457.00
Deferred Tax Liabilities19,454.00
Other Liabilities25,836.003,670.00
Total Liabilities308,030.00290,437.00
Non-Equity Reserves0.000.00
Preferred Stock – Carrying Value0.000.00
Common Equity56,950.0062,146.00
Total Shareholders Equity56,950.0062,146.00
Accumulated Minority Interest0.000.00
Total Equity56,950.0062,146.00
Total Liabilities & Stockholders Equity364,980.00352,583.00
Book Value Per Share3.774.00
Tangible Book Value Per Share3.774.00
Full-Time Employees164,000161,000
Price to Book Ratio47.2451.98
Return on Assets26.1327.50
Return on Equity157.41171.95
Return on Invested Capital61.0757.50
Quick Ratio0.830.94
Current Ratio0.870.99
values in Millions, USD

Cash Flow Statement

PeriodTTMFY 2024FY 2023
Period End Date9/30/20249/30/2023
Period Length12 Months12 Months12 Months
Net Income96,150.0093,736.0096,995.00
Depreciation11,677.0011,445.0011,519.00
Other Funds (Non Cash)8,691.009,422.008,606.00
Funds from Operations116,518.00114,603.00117,120.00
Extraordinary Item0.000.000.00
Changes in Working Capital-8,224.003,651.00-6,577.00
Income Taxes Payable
Cash from Operating Activities108,294.00118,254.00110,543.00
Capital Expenditures-9,995.00-9,447.00-10,959.00
Net Assets From Acquisitions0.000.000.00
Sale of Fixed Assets and Businesses0.000.000.00
Purchase or Sale of Investments22,422.0013,690.0016,001.00
Purchase of Investments-45,000.00-48,656.00-29,513.00
Sale Or Maturity of Investments67,422.0062,346.0045,514.00
Other Uses-1,627.00-1,308.00-1,337.00
Other Sources0.000.000.00
Cash from Investing Activities10,800.002,935.003,705.00
Cash Dividends Paid-15,265.00-15,234.00-15,025.00
Change in Capital Stock-98,416.00-94,949.00-77,550.00
Repurchase of Common Pref Stock-98,416.00-94,949.00-77,550.00
Sale of Common Pref Stock0.000.000.00
Proceedsfrom Stock Options0.000.000.00
Issuance or Reduction of Debt, Net-10,967.00-5,998.00-9,901.00
Change in Long Term Debt-10,967.00-9,958.00-5,923.00
Issuance of Long Term Debt0.000.005,228.00
Reduction of Long Term Debt-10,967.00-9,958.00-11,151.00
Net Financing Active Other Cash Flow-6,121.00-5,802.00-6,012.00
Other Financing Activities Uses-6,121.00-5,802.00-6,012.00
Cash from Financing Activities-130,769.00-121,983.00-108,488.00
Exchange Rate Effect
Net Change in Cash-11,675.00-794.005,760.00
Free Cash Flow98,299.00108,807.0099,584.00
Preferred Dividends (Cash Flow)0.000.00
Price to Free Cash Flow46.6437.5132.02
values in Millions, USD

Apple Inc at a Glance

Apple Inc Financials at a glance including: EPS, Sales, Shares Outstanding, SPY Comparison, Short Interest, Short Interest History, EPS Performance and Forecast, GAAP EPS Performance and Forecast, Revenue Performance and Forecast, Price Reactions to Earnings Reports, Latest Revisions, Revenue by Products and Services, Revenue by Regions, Revenue by Segment, Dividends, and Dividend Payout History.
Please Note: Information edited and updated on 14/03/2025

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Abbreviations

Index – Major index membership                          

Market Cap – Market capitalization

Income – Trailing 12 months income

Sales – Trailing 12 months revenue

Book/sh – Most recent quarter book value a share

Cash/sh – Most recent quarter cash per share Dividend Est. – Analysts’ dividend estimate (fiscal year) Dividend TTM – Trailing 12-month dividend Dividend Ex-Date – Ex-dividend date Employees – Number of full-time employees Option/Short – Stock has options on a market exchange/stock is available to sell short Sales Surprise – Last quarter revenue surprise SMA20 – Stock price distance from 20-day simple moving average P/E – Price-to-Earnings (trailing 12-months) Forward P/E – Forward Price-to-Earnings (next fiscal year) PEG – Price-to-Earnings-to-Growth P/S – Price-to-Book (most recent quarter) P/B – Price-to-Book (most recent quarter) P/C – Price to cash per share (most recent quarter) P/FCF – Price to Free Cash Flow (trailing 3-months) Quick Ratio – Quick Ratio (most recent quarter) Current Ratio – Current Ratio (most recent quarter) Debt/Eq – Total Debt to Equity (most recent quarter) LT Debt/Eq – Long Term Debt to Equity (most recent quarter) EPS Surprise – Last quarter Earnings-Per-Share surprise SMA50 – Stock price distance from 50-Day Simple Moving Average EPS (ttm) – Diluted Earnings-Per-Share (trailing 3-months) EPS next Y – Earnings-Per-Share estimate for next year EPS next Q – Earnings-Per-Share estimate next quarter EPS this Y - Earnings-Per-Share growth this year EPS next Y - Earnings-Per-Share estimate for next year EPS next 5Y – Long term annual growth estimate (5 years) EPS past 5Y – Annual Earnings-Per-Share growth past 5 years Sales past 5Y – Annual sales growth past 5 years EPS Y/Y TTM – Earnings-Per-Share growth (trailing 3 months) Sales Y/Y TTM – Sales growth (trailing 3 months) EPS Q/Q – Quarterly earnings growth (Year-on-Year) Sales Q/Q – Quarterly revenue growth (Year-on-Year) SMA200 – Stock price distance from 2-Day Simple Moving Average Insider Own – Percentage insider ownership of company shares Insider Trans – Insider transactions (6-month change in Insider Ownership) Inst Own – Institutional ownership Inst Trans - Institutional transactions (3-month change in Institutional Ownership) ROA – Return on Assets (trailing 3-months) ROE – Return on Equity (trailing 3-months) ROI – Return on Investment (trailing 3-months) Gross Margin – Gross Margin (trailing 3-months) Oper. Margin – Operating Margin (trailing 3-months) Profit Margin – Net Profit Margin (trailing 3-months) Payout – Dividend Payout Ratio (trailing 3-months) Earnings – BMO = Before Market Open / AMC = After Market Close Shs Outstand – Shares outstanding Shs Float – Shares float Short Float – Short interest share Short Ratio – Short interest ratio Short Interest – Short interest 52W Range – 52-Week trading range 52W High – Distance from 52-Week High 52W Low - Distance from 52-Week Low RSI (14) – Relative Strength Index Perf Week – Performance (Week) Perf Month – Performance (Month) Perf Quarter – Performance (Quarter) Perf Half Y - Performance (Half Year) Perf Year – (Year) Perf YTD - Performance (Year-To-Date) Beta - Beta ATR (14) – Average True Range Volatility – Volatility (Week, Month) Target Price – Analysts’ mean target price Price – Current stock price

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