Inside the research

Apple Inc.

AAPL Research profile · latest available data

Price overview

$341.07

▲ +5.15 (+1.5%)

52w hi$341.07
52w lo$244.37
Vol29.95M
As of25 Sep 2026

The Verdict

Buy

Our score +0.63

Short+0.08
Medium+0.94
Long+1.13

computed 2026-09-27

Key fundamentals

Apple Inc.

Technology · Consumer Electronics

Market cap$4.98T
Enterprise value$5.00T
Trailing P/E39.07x
Forward P/E35.58x
EV / EBITDA29.77x
P / S (ttm)10.66x
Profit margin27.6%
Return on equity148.8%
Revenue growth+16.4%
Earnings growth+28.7%
Debt / equity78.44

Layer Breakdown

LayerRawContribution
Fundamental+0.43
Sector+0.19
Technical+0.20
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple Vision Pro, Apple TV, Apple Watch, Beats products, and HomePod, as well as Apple branded and third-party accessories. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allows customers to discover and download applications and digital content, such as books, music, video, games, and podcasts, as well as advertising services include third-party licensing arrangements and its own advertising platforms. In addition, the company offers various subscription-based services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV, which offers original content and live sports; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers and resellers. The company was formerly known as Apple Computer, Inc. and changed its name to Apple Inc. in January 2007. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.

United States · www.apple.com

Risk Metrics

Beta vs SPX1.10
Corr SPX0.62
Annual vol28.7%
Annual ret+24.2%
Sharpe0.84
Max DD-33.4%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$305.28
High / Low$400.00 / $215.00
Median$310.00
Analysts42
Strong Buy7
Buy24
Hold15
Sell1
Strong Sell1

Recent rating actions

2026-05-08Wedbush→ Outperform
2026-05-01Wells Fargo→ Overweight
2026-05-01Wedbush→ Outperform
2026-05-01UBS→ Neutral
2026-05-01TD Cowen→ Buy
2026-05-01Rosenblatt→ Neutral

Officers & Board

DirectorQ106028933 since 2026
CEOQ106028933 since 2026
DirectorAlex Gorsky since 2021
DirectorMonica C. Lozano since 2021
DirectorJames A. Bell since 2015
DirectorSusan Wagner since 2014
ChairArthur D. Levinson since 2011
CEOTim Cook since 2011
DirectorTim Cook since 2011
DirectorRonald Sugar since 2010
DirectorAndrea Jung since 2008
DirectorAl Gore since 2003
DirectorArthur D. Levinson since 2000
FounderSteve Jobs since 1976
FounderSteve Wozniak since 1976

Material Events

DateEvent8-K
2026-07-30Earnings Release, Exhibitsread
2026-04-30Earnings Release, Exhibitsread
2026-04-20Officer / Director Changeread
2026-02-24Shareholder Vote, Exhibitsread
2026-01-29Earnings Release, Exhibitsread
2026-01-02Officer / Director Changeread
2025-12-05Officer / Director Changeread
2025-10-30Earnings Release, Exhibitsread
2025-07-31Earnings Release, Exhibitsread
2025-07-25Officer / Director Changeread
2025-07-09Officer / Director Changeread
2025-05-12Other Material Event, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-03-15Newstead JenniferSVP, GC and SecretaryOption exercise60.21K—
2026-03-15Newstead JenniferSVP, GC and SecretaryWithheld for tax32.53K$8.14M
2026-02-26LEVINSON ARTHUR DGift1.11K—

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders10
Top-5 share97.4%
HHI3,083 (concentrated)

Top Holders

HolderValueShares
State Street Corp$177.99B615.13M
Fidelity / FMR LLC$94.14B325.35M
Berkshire Hathaway$65.95B227.92M
Capital Research / Capital World$19.21B66.40M
Citadel Advisors$17.39B60.10M
AQR Capital Management$5.01B17.56M
Millennium Management$4.25B14.70M
Renaissance Technologies$459.06M1.59M
Bridgewater Associates$105.44M364.38K
T. Rowe Price Group$46.24M159.81M

As of 2026-06-30

Connections

Subsidiarys: Apple Studios

Dividends

Yield (TTM)0.15%
$ / share (TTM)$0.52
5y CAGR+5.0%

Annual dividend per share

2021$0.86
2022$0.91
2023$0.95
2024$0.99
2025$1.03
2026$0.26

Federal Contracts

AmountAgencyDescription
$6.10MDepartment of AgricultureCOMMODITIES FOR USG FOOD DONATIONS: 2000011131/4100033614/APPLE JUICE PLST BTL-8
$5.35MDepartment of DefenseRENOVATE B4329 AND DEMOLISH B3101
$4.42MDepartment of DefenseTHE PURPOSE OF THIS PROJECT IS TO PROVIDE DESIGN AND ENGINEERING SERVICES TO SUP
$4.24MDepartment of Homeland SecurityFIRM-FIXED PRICE (FFP) CONTRACT WITH APPLETON MARINE, INC TO PURCHASE THE AFT BO
$4.16MDepartment of DefenseIGF::OT::IGF DRY DOCK 2 PORTAL CRANE RAIL REPAIRS
$3.70MDepartment of DefenseX005 RM19-0760 BERTH 6 REPAIRS AND IMPROVEMENTSSAES FOR AE DESIGN
$3.30MDepartment of DefenseTHE PURPOSE OF THIS PROJECT IS TO PROVIDE ENGINEERING AND DESIGN SERVICES TO SUP
$2.65MDepartment of AgricultureCOMMODITIES FOR USG FOOD DONATIONS: 2000009679/4100028729/GRAPE CONCORD JUICE PL

SEC Filings

DateFormDoc
2026-08-134view
2026-07-3110-Qview
2026-07-308-Kview
2026-06-174view
2026-06-174view
2026-05-294view
2026-05-124view
2026-05-084view
2026-05-0110-Qview
2026-04-308-Kview
2026-04-274view
2026-04-208-Kview
2026-04-174view
2026-04-174view
2026-04-034view

Financial statements

LineJun 2025Sep 2025Dec 2025Mar 2026
Revenue$94.04B$102.47B$143.76B$111.18B
Gross profit$43.72B$48.34B$69.23B$54.78B
Operating income$28.20B$32.43B$50.85B$35.88B
Net income$23.43B$27.47B$42.10B$29.58B
Diluted EPS1.571.852.842.01
Free cash flow$24.41B$26.49B$51.55B$26.73B
CapEx-$3.46B-$3.24B-$2.37B-$1.97B

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$383.29B+16.7%
Gross profit$195.20B+22.0%
Operating income$114.30B+22.6%
Net income$93.74B+20.4%
Cash from ops$110.54B+20.7%

Indices

NASDAQ-100S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$336.04$341.67$334.53$341.0729.95M
Sep 24$336.72$338.91$334.30$335.9224.73M
Sep 23$341.08$341.80$335.50$337.0231.66M
Sep 22$340.14$345.34$338.75$339.7540.71M
Sep 21$335.28$339.64$333.05$338.9835.00M

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