AAPL - Apple Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
317.69
+8.74 (+2.83%)
At close: 4:00PM EST

322.69 +5.00 (1.57%)
After hours: 5:44PM EST

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Previous Close308.95
Open312.60
Bid323.90 x 900
Ask324.11 x 1200
Day's Range312.19 - 318.40
52 Week Range154.11 - 323.33
Volume32,395,802
Avg. Volume27,880,429
Market Cap1.393T
Beta (5Y Monthly)1.24
PE Ratio (TTM)26.72
EPS (TTM)11.89
Earnings DateJan 27, 2020
Forward Dividend & Yield3.08 (1.00%)
Ex-Dividend DateNov 06, 2019
1y Target Est295.00
  • Apple's most exciting market is your ear: Morning Brief
    Yahoo Finance

    Apple's most exciting market is your ear: Morning Brief

    Top news and what to watch in the markets on Tuesday, January 28, 2020.

  • Apple, AMD earnings: What to know in markets Tuesday
    Yahoo Finance

    Apple, AMD earnings: What to know in markets Tuesday

    Earnings season kicks into higher gear Tuesday with a slew of quarterly reports, but investors will be paying especially close attention to tech giant Apple and chipmaker Advanced Micro Devices.

  • Apple Holiday Results Top Estimates on Rebounding iPhone Demand
    Bloomberg

    Apple Holiday Results Top Estimates on Rebounding iPhone Demand

    (Bloomberg) -- Apple Inc. reported holiday-quarter revenue that beat Wall Street expectations on rebounding iPhone demand and surging sales of wearable devices. The results are a remarkable comeback from a year ago, when the most valuable technology company missed its own targets.A sales forecast for the current quarter also exceeded analysts’ projections, sending Apple’s stock up about 2% in extended trading. Services revenue came in slightly below expectations, limiting share gains.The Cupertino, California-based company reported $91.8 billion in revenue for the fiscal first quarter, up 9% from a year earlier. Wall Street was looking for $88.4 billion, according to data compiled by Bloomberg. Profit was $4.99 a share, also beating analysts’ expectations.For the fiscal second quarter, Apple said sales will be between $63 billion and $67 billion. Analysts estimated $62.3 billion, on average.“The strength is coming from the iPhone and continued really strong growth in wearables and the App Store,” said Shannon Cross of Cross Research. “The iPhone was very strong.”Apple shares have marched higher in recent months on increasingly bullish expectations for new iPhones, AirPods and revenue from iCloud storage, the App Store and other services. That elevated the stock’s valuation to the highest level in at least a decade, raising the bar for Tuesday’s results.After years of rapid growth, Apple’s expansion has slowed as demand for smartphones waned and competition from Chinese rivals intensified. Under Chief Executive Officer Tim Cook, the company’s strategy has evolved. It now aims to sell new handsets to customers every three to five years, and then offer as many services and accessories as possible in the intervening years.On Tuesday, Cook said Apple saw “strong demand” for the latest iPhones and noted that a base of more than 1.5 billion devices has been “a great driver of our growth across the board.”Cook addressed the coronavirus during a conference call with analysts, saying Apple is following developments in China. The company is working closely with employees and partners in the region, he added. Virtually all iPhones are made by Foxconn’s Hon Hai Precision Industry Co. in Zhengzhou, China, and by Pegatron Corp. at an assembly site near Shanghai.Chief Financial Officer Luca Maestri said the revenue range projected for the fiscal second quarter was wider than usual due to uncertainty created by the spread of the virus. Apple Supply Chain Braces for Disruption From CoronavirusAnalysts have been particularly excited about wearable accessories, such as the Apple Watch and AirPods.However, the iPhone still generates the majority of Apple’s revenue. And this crucial business has improved from a dire performance in last year’s holiday period. The iPhone 11 and 11 Pro models were well received in their debut in the fall and demand in China has been particularly strong, outselling 2018’s releases in a market that has otherwise been shrinking.Apple Is Raising TSMC Chip Orders to Meet Strong IPhone DemandApple generated $56 billion in revenue from the iPhone in the fiscal first quarter, up 8% from a year earlier. That was a lot better than the 2018 holiday period, when sales of the handset dropped about 15%. Apple cut the price of its entry-level flagship iPhone by $50, luring buyers. There are also millions of older iPhones that are losing software support from the company, spurring new purchases.Apple’s Lower Prices, Users’ Aging Handsets Drive IPhone DemandWearables, including AirPods, and other accessories generated $10 billion in revenue in the holiday quarter, up 37% from a year ago.The company reported Services revenue of $12.7 billion, up 17% from the same period last year. That missed analysts’ forecasts. This business still mostly relies on older offerings such as the App Store, iCloud storage and Apple Music. It’s unclear how well Apple TV+, the Apple Card and the Apple Arcade gaming subscription are performing, but there have been signs of weak demand for Apple News+, the company’s digital magazine subscription.“One note of caution in an otherwise strong report was that Services, which included Apple TV+, grew slightly below expectations,” said EMarketer principal analyst Yoram Wurmser. “This miss could be attributed to the competition from Disney+, which launched at roughly the same time.”Bob Iger Takes the Gloves Off for Disney’s Streaming Debut(Updates with analyst comment in final paragraph.)To contact the reporter on this story: Mark Gurman in Los Angeles at mgurman1@bloomberg.netTo contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Alistair Barr, Mark MilianFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • MarketWatch

    Apple holiday earnings, sales hit record highs beyond expectations: Live blog

    Apple Inc. delivered record quarterly earnings and revenue Tuesday that beat expectations and sent the stock higher in extended trading.

  • Barrons.com

    Apple Earnings Crush Expectations. What a Difference a Year Makes.

    Apple’s fiscal first-quarter revenue rose 9% to $91.8 billion, easily beating Wall Street’s estimate of $88.4 billion.

  • Apple Earnings: What Happened with Apple
    Investopedia

    Apple Earnings: What Happened with Apple

    Apple (AAPL) reported Q1 FY2020 earnings after markets closed on January 28, 2020. It reported better-than-expected earnings and revenue.

  • Apple stock gains after record earnings, upbeat forecast
    MarketWatch

    Apple stock gains after record earnings, upbeat forecast

    Apple Inc. posted record quarterly results for its holiday quarter while easily topping expectations for revenue and earnings.

  • Apple iPhone sales return to growth, pushing profits above expectations
    Reuters

    Apple iPhone sales return to growth, pushing profits above expectations

    Apple's total number of installed devices grew by 100 million to more than 1.5 billion over the past year. Apple gave a revenue forecast for the quarter ending in March above Wall Street expectations.

  • Apple iPhone back to growth after a year's slump
    Reuters

    Apple iPhone back to growth after a year's slump

    Apple Inc on Tuesday reported sales and profits for the holiday shopping quarter above Wall Street expectations, powered by a rise in iPhone sales for the first time in a year and soaring demand for add-ons like AirPods wireless headphones. The strong performance outweighed concern about the coronavirus in China, a major market as well as manufacturing hub for Apple, and a slight revenue miss in the company's closely watched services business, which includes the new Apple TV+ streaming offering. Shares of Apple rose 2% in after-hours trade.

  • Business Wire

    Apple Reports Record First Quarter Results

    Apple® today announced financial results for its fiscal 2020 first quarter ended December 28, 2019. The Company posted quarterly revenue of $91.8 billion, an increase of 9 percent from the year-ago quarter and an all-time record, and quarterly earnings per diluted share of $4.99, up 19 percent, also an all-time record. International sales accounted for 61 percent of the quarter’s revenue.

  • Reuters

    US STOCKS-Apple sparks Wall St bounce ahead of results

    U.S. stocks rebounded on Tuesday, as the S&P 500 bounced back from its worst day in nearly four months, led by a climb in Apple and other names hit by exposure concerns to the coronavirus outbreak in China that sparked a recent sell-off. Markets across the world stabilized as the head of the World Health Organization (WHO) said he was confident in China's ability to stem the virus outbreak, which has killed 106 people in the country, prompted businesses to close operations and curbed travel.

  • There’s only one stock millennials prefer over Amazon and Tesla
    MarketWatch

    There’s only one stock millennials prefer over Amazon and Tesla

    Apex Clearing recently unveiled its fourth-quarter Millennial 100 report, which analyzed more than 734,000 portfolios owned by U.S.-based investors with an average age of just over 31 years. Many of the names are probably exactly what you’d expect, along with perhaps a surprise or two.

  • What To Expect From Tech Week Earnings
    Zacks

    What To Expect From Tech Week Earnings

    Whether these stocks perform up to the Street's expectations could be an inflection point for the equity markets

  • Reuters

    US STOCKS-Apple leads Wall St rebound ahead of results

    U.S. stocks rebounded on Tuesday, with the S&P 500 bouncing back from its worst day in nearly four months, led by a climb in Apple and other names after concerns on the economic impact of the coronavirus outbreak in China sparked a sell-off last week. Markets across the world stabilized as the head of the World Health Organization (WHO) said he was confident in China's ability to stem the virus outbreak, which has killed 106 people in the country, prompted businesses to close operations and curbed travel. "Obviously, with the China coronavirus uncertainty will breed volatility in the market until there is some sort of endgame to where this thing will be under control," said Jeff Zipper, managing director of investments at U.S. Bank Private Wealth Management in Florida.

  • Benzinga

    How Options Traders Are Betting On Apple Ahead Of Q1 Earnings

    Apple Inc. (NASDAQ: AAPL) was one of the hottest stocks in the market in 2019, gaining 89% and reaching a $1.3 trillion market cap. On Tuesday, Benzinga Pro subscribers received 34 option alerts related to unusually large trades of Apple options. At 9:42 a.m., a trader sold 658 Apple put options with a $310 strike price expiring on June 19 at the bid price of $19.25.

  • Apple, Starbucks & eBay Earnings Previews & A Strong Buy Retail Stock - Free Lunch
    Zacks

    Apple, Starbucks & eBay Earnings Previews & A Strong Buy Retail Stock - Free Lunch

    What investors can expect from Apple, Starbucks, and eBay earnings Tuesday. The episode then ends with why Guess?, Inc. (GES) is a Zacks Rank 1 (Strong Buy) stock right now...

  • Reuters

    US STOCKS-Wall Street rebounds as Apple surges ahead of earnings

    The S&P 500 rose over 1% on Tuesday as a surge in Apple and other technology stocks helped the benchmark index recover from its worst selloff in about four months that was sparked by concerns over the coronavirus outbreak. Markets across the world stabilized as the head of the World Health Organization (WHO) said he was confident in China's ability to contain the virus outbreak, which has killed 106 people in the country, prompted businesses to close operations and curbed travel. President Xi Jinping later said China was sure of defeating a "devil" coronavirus.

  • Huawei snatched market share from Apple, local rivals in China in 2019
    Reuters

    Huawei snatched market share from Apple, local rivals in China in 2019

    Top Chinese smartphone maker Huawei Technologies Co Ltd thrived in 2019 at the expense of smaller Chinese rivals and Apple even as the smartphone market shrank further and consumers favoured phones with 5G technology, data shows. Handset shipments for Shenzhen-based Huawei jumped 35.5% to 142 million in 2019, from 104.8 million a year earlier, according to estimates from market research firm Canalys. Shipments for Apple's iPhones decreased about 21% year-on-year to 27.5 million.