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Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), and AirPods, among others. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, Apple Care, Apple TV+, Apple Arcade, Apple Fitness, Apple Card, and Apple Pay, among others. Apple's products include internally developed software and semiconductors, and the firm is well known for its integration of hardware, software, semiconductors, and services. Apple's products are distributed online as well as through company-owned stores and third-party retailers.
Apple trades on the NASDAQ stock market under the symbol AAPL.
As of September 25, 2023, AAPL stock price climbed to $176.08 with 43,268,856 million shares trading.
AAPL has a beta of 1.26, meaning it tends to be more sensitive to market movements. AAPL has a correlation of 0.59 to the broad based SPY ETF.
AAPL has a market cap of $2.79 trillion. This is considered a Mega Cap stock.
Last quarter Apple reported $82 billion in Revenue and $1.26 earnings per share. This beat revenue expectation by $435 million and exceeded earnings estimates by $.07.
In the last 3 years, AAPL stock traded as high as $198.23 and as low as $105.00.
The top ETF exchange traded funds that AAPL belongs to (by Net Assets): VTI, VOO, SPY, IVV, VUG.
AAPL has underperformed the market in the last year with a return of +15.9%, while the SPY ETF gained +17.2%. In the last 3 month period, AAPL fell short of the market, returning -5.7%, while SPY returned -0.6%. However, in the most recent 2 weeks AAPL has outperformed the stock market by returning -1.2%, while SPY returned -2.6%.
AAPL support price is $171.95 and resistance is $177.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAPL stock will trade within this expected range on the day.