A

    Apple Inc. (AAPL)

    Official site

    TECHNOLOGY • CONSUMER ELECTRONICS • NASDAQ

    $332.89
    -2.72 (-0.81%)

    Market Cap: $4.87T

    Last updated: Oct 07, 2026 at 6:09 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    97%(38/39)
    Avg Surprise
    +7.36%
    Streak
    14 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$2.32
    Range$1.78 - $2.44
    39 analysts
    Revenue Consensus
    $120.8B
    Range$114.7B - $126.9B
    40 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.91
    Range$2.56 - $3.42
    22 analysts
    EPS RevisionsNo revisions (7d)
    1
    2
    30d
    EPS Estimate Drift
    90d ago$2.95+1.5%
    60d ago$2.91+0.1%
    30d ago$2.89-0.5%
    7d ago$2.90-0.1%
    Current$2.91
    Revenue Consensus
    $154.4B
    Range$131.5B - $170.4B
    19 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$2.91---
    Sep 26EST
    -$2.32---
    Jun 26
    Reported Jul 30
    $2.02$1.88+7.45%Beat+28.7%
    Mar 26
    Reported Apr 30
    $2.01$1.94+3.61%Beat+21.8%
    Dec 25
    Reported Jan 29
    $2.84$2.67+6.37%Beat+18.3%
    Sep 25
    Reported Oct 30
    $1.85$1.77+4.52%Beat+90.7%
    Jun 25
    Reported Jul 31
    $1.57$1.43+9.79%Beat+12.1%
    Mar 25
    Reported May 1
    $1.65$1.62+1.85%Beat+7.8%
    Dec 24
    Reported Jan 30
    $2.40$2.34+2.56%Beat+10.1%
    Sep 24
    Reported Oct 31
    $0.97$0.95+2.11%Beat-33.6%
    Jun 24
    Reported Aug 1
    $1.40$1.34+4.48%Beat+11.1%
    Mar 24
    Reported May 2
    $1.53$1.50+2.00%Beat+0.7%
    Dec 23
    Reported Feb 1
    $2.18$2.11+3.32%Beat+16.0%
    Sep 23
    Reported Nov 2
    $1.46$1.39+5.04%Beat+13.2%
    Jun 23
    Reported Aug 3
    $1.26$1.19+5.88%Beat+5.0%
    Mar 23
    Reported May 4
    $1.52$1.43+6.29%Beat+0.0%
    Dec 22
    Reported Feb 2
    $1.88$1.95-3.59%Miss-10.5%
    Sep 22
    Reported Oct 27
    $1.29$1.27+1.57%Beat+4.0%
    Jun 22
    Reported Jul 28
    $1.20$1.15+4.35%Beat-7.7%
    Mar 22
    Reported Apr 28
    $1.52$1.43+6.29%Beat+8.6%
    Dec 21
    Reported Jan 27
    $2.10$1.89+11.11%Beat+25.0%
    Sep 21
    Reported Oct 28
    $1.24$1.24+0.00%Beat+69.9%
    Jun 21
    Reported Jul 27
    $1.30$1.01+28.71%Beat+100.0%
    Mar 21
    Reported Apr 28
    $1.40$0.98+42.86%Beat+118.7%
    Dec 20
    Reported Jan 27
    $1.68$1.42+18.31%Beat+34.4%
    Sep 20
    Reported Oct 29
    $0.73$0.70+4.29%Beat-3.9%
    Jun 20
    Reported Jul 30
    $0.65$0.51+27.45%Beat+18.2%
    Mar 20
    Reported Apr 30
    $0.64$0.56+14.29%Beat+3.2%
    Dec 19
    Reported Jan 28
    $1.25$1.14+9.65%Beat+19.0%
    Sep 19
    Reported Oct 30
    $0.76$0.71+7.04%Beat+4.1%
    Jun 19
    Reported Jul 30
    $0.55$0.53+3.77%Beat-6.0%
    Mar 19
    Reported Apr 30
    $0.62$0.59+5.08%Beat-9.2%
    Dec 18
    Reported Jan 29
    $1.05$1.04+0.96%Beat+8.0%
    Sep 18
    Reported Nov 1
    $0.73$0.70+4.29%Beat+41.1%
    Jun 18
    Reported Jul 31
    $0.58$0.55+7.34%Beat+40.1%
    Mar 18
    Reported May 1
    $0.68$0.67+1.49%Beat+30.0%
    Dec 17
    Reported Feb 1
    $0.97$0.96+0.78%Beat+15.8%
    Sep 17
    Reported Nov 2
    $0.52$0.47+10.70%Beat-
    Jun 17
    Reported Aug 1
    $0.42$0.39+6.37%Beat-
    Mar 17
    Reported May 2
    $0.53$0.51+3.96%Beat-
    Dec 16
    Reported Jan 31
    $0.84$0.80+4.67%Beat-

    Dividends

    Dividend Metrics

    Yield0.32%
    Annual/Share$1.08
    Payout Ratio12.05%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+4.22%
    5Y CAGR+4.99%
    View AAPL's full dividend history

    Key Metrics

    Valuation
    P/E Ratio38.18EV/EBITDA29.13x
    Price/FCF35.69xFCF Yield2.80%
    Profitability
    Profit Margin27.60%Operating Margin32.60%
    ROE148.80%ROIC67.20%
    Financial Health
    Debt/Equity0.78xInterest CoverageN/A
    Current Ratio1.00xQuick Ratio0.93x
    Trading Statistics
    Beta1.07Avg Volume41.98M
    52-Week High$345.3452-Week Low$242.76

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$336.00
    SMA 20$331.62
    SMA 50$322.11
    SMA 200$288.57
    EMA 10$333.70
    EMA 20$331.07
    EMA 50$323.06
    EMA 200$293.85

    MACD

    Line: 4.10Signal: 5.09Hist: -1.00

    ADX

    ADX: 18.0+DI: 25.1-DI: 24.4

    Aroon & PSAR

    Aroon Up72.0
    Aroon DownN/A
    PSAR$344.68

    Bollinger Bands

    Upper Band$346.41
    Lower Band$316.83
    %B Position892%(Upper)
    Band Width0.46

    RSI (14-Day)

    Neutral
    51.5

    Momentum Oscillators

    Stoch %K34.4
    Stoch %D53.0
    Williams %R-76.9
    ROC (10d)-2.0%
    Momentum-6.68
    CCI (20d)-24.5
    MFI (14d)70.8

    Volatility Measures

    ATR (14d)$7.25(2.2%)
    StdDev (20d)7.40
    Hist Vol23.1%(Moderate)

    Volume Flow

    VWAP$329.54
    OBV1.5B
    AD Line-1.7B
    CMF (20d)0.044

    Volume Metrics

    Avg Vol (20d)42.4M
    Vol Ratio0.8x
    VWMA (20d)$330.97

    Pivot Points

    R3$347.66
    R2$343.58
    R1$338.30
    Pivot Point$334.22
    S1$328.94
    S2$324.86
    S3$319.58

    Advanced Oscillators

    TSI16.93
    Ultimate Osc42.5
    KST64.56

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$109.42B$111.18B$143.76B$102.47B$94.04B$95.36B$124.30B$94.93B$85.78B$90.75B$119.58B$89.50B
    Cost of Revenue$54.65B$56.40B$74.53B$54.13B$50.32B$50.49B$66.03B$51.05B$46.10B$48.48B$64.72B$49.07B
    Gross Profit$54.77B$54.78B$69.23B$48.34B$43.72B$44.87B$58.27B$43.88B$39.68B$42.27B$54.85B$40.43B
    Operating Expenses$19.07B$18.90B$18.38B$15.91B$15.52B$15.28B$15.44B$14.29B$14.33B$14.37B$14.48B$13.46B
    R&D$11.73B$11.42B$10.89B$8.87B$8.87B$8.55B$8.27B$7.76B$8.01B$7.90B$7.70B$7.31B
    SG&A$7.35B$7.48B$7.49B$7.05B$6.65B$6.73B$7.17B$6.52B$6.32B$6.47B$6.79B$6.15B
    Operating Income$35.70B$35.88B$50.85B$32.43B$28.20B$29.59B$42.83B$29.59B$25.35B$27.90B$40.37B$26.97B
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$0$52.00M$0$0$171.00M$279.00M$248.00M$0$0$0$50.00M$0
    Income Before Tax$36.27B$35.83B$51.00B$32.80B$28.03B$29.31B$42.58B$29.61B$25.49B$28.06B$40.32B$27.00B
    Income Tax Expense$6.48B$6.25B$8.90B$5.34B$4.60B$4.53B$6.25B$14.87B$4.05B$4.42B$6.41B$4.04B
    Net Income$29.79B$29.58B$42.10B$27.47B$23.43B$24.78B$36.33B$14.74B$21.45B$23.64B$33.92B$22.96B
    EBITDA$39.59B$39.27B$54.22B$35.93B$30.86B$31.97B$45.66B$32.52B$28.34B$30.89B$43.17B$29.65B
    EBIT$36.27B$35.83B$51.00B$32.80B$28.03B$29.31B$42.58B$29.61B$25.49B$28.06B$40.32B$27.00B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    The Most Boring Way To Own The Biggest Shift In Finance

    Tokenization makes electronic assets programmable, DeFi makes them composable, AI enables continuous optimization - a structural shift that can mobilize idle capital and compress intermediation costs Custody friction leaves assets idle, exemplified by Robinhood holding ~$355bn AUM while ARPU is only ~$187/year, implying large latent revenue pools if assets become monetizable DTCC executed production tokenized trades in July, launches full service in October, and custodies roughly $114 trillion - institutional adoption is moving from pilot to production Multiple incumbents - DTCC, Nasdaq, BNY, Broadridge, Robinhood - are building rails, so infrastructure ownership is competitive and equity returns may remain sentiment linked Broadridge (BR) is a public toll booth, processing proxies and getting paid per position, 20 years of dividend increases, positions it to capture fees regardless of which tokenization rail dominates

    Unknown Author
    •
    9/17/26
    •
    297
    FinTech
    Stock Analysis
    Also mentions:
    NVDA
    HOOD
    UBER
    ABNB
    NDAQ

    My Five-Year MAG7 Ranking After Last Week's Earnings

    Microsoft ranked #1, Q3 revenue $82.9B (+18%), operating income $38.4B, Cloud $54.5B (+29%), AI run-rate $37B (+123%), 2026 capex ~$190B, stock $414.40, Vulcan flags ~32.6% discount to fair value Alphabet ranked #2, Q1 revenue $109.9B (+22%), operating income $39.7B, EPS $5.11, Cloud $20B (+63%) with ~$462B backlog, 2026 capex $180-190B, stock near 52-week high, ~14% discount, antitrust overhang persists Meta ranked #3, Q1 revenue $56.31B (+33%), operating income $22.87B, ad impressions +19% and price +12%, OCF $32.23B, FCF $12.39B after $19.84B capex, 2026 capex guide $125-145B, funded with $25B bond sale Amazon ranked #4, high-quality franchise but still pulling owner cash forward via heavy reinvestment, business merits long-term hold but expect deferred owner returns and limited appeal for fresh capital today Apple ranked #5, posted a strong report and popped, but valuation makes fresh-money allocation difficult for a five-year buy-and-hold, prefer to wait for a better entry rather than add at current levels

    Unknown Author
    •
    5/4/26
    •
    407
    Magnificent Seven
    long-term-investing
    Also mentions:
    GOOGL
    META
    AMZN
    AAPL
    NVDA

    The Load Test: What Apple's Succession Selloff Actually Reveals

    Dual load test - CEO succession and AI credibility drove an ~8% pullback from the 52-week high ($288 to $265.97), but the selloff appears driven by transition optics, not a fundamental franchise breakdown Fiscal Q1 2026: revenue $143.8B (+16% YoY), diluted EPS $2.84 (+19%); GNG Safety 96.89, Quality 93.83, Piotroski F=8, interest coverage 502x, FCF margin 28.3%, 5y revenue CAGR 8.7% January 2026 Gemini deal with Google materially reduces the AI credibility gap - Apple gains external models and a shorter integration timeline, shifting risk from relevance to monetizing AI via hardware refresh cycles Leadership signal - John Ternus, a hardware-first CEO, bolsters the on-device AI differentiation narrative; WWDC26 (June 8-12) is the first operational proving ground that could materially narrow the market discount Valuation and measurable risks - blended fair value ~$288 vs price $265.97 (~7.5% margin), GNG FV $234, consensus target ~296-301 (12-15% upside); watch AI cost timing and capital allocation/IR execution closely

    Unknown Author
    •
    4/21/26
    •
    223
    AI Hardware
    Quality Compounder
    Also mentions:
    GOOGL
    MSFT
    AMZN

    Tech Heavyweights Are Dragging Indices Lower, But Breadth Tells a Different Story

    S&P 500 has retraced 50% of the Nov 20th rally. Key support at 6,670 (61.8% Fib). Above that level, dip-buyers have solid risk/reward. Below it, the thesis breaks. Expect bottoming within 3-5 trading sessions. Breadth is improving, not collapsing. Stocks above 200-day MA rose from high 40s to 58%. Defensive sectors underperforming, not leading. The broader market is healthier than mega-cap weakness suggests. Small and mid-caps are breaking out while big tech struggles. IWM, MDY, RSP, and IYT all showing strength since Nov 20th. Favor small/mid exposure until NVDA, GOOGL, MSFT, AAPL stabilize after December expiration. ORCL approaching tactical buy zone near $172-173. Down 47% from September highs. Piotroski 4, ROIC 12.4%, Z-Score 2.6. If support holds, initial target $238, secondary $258. A trade setup, not an investment at these lev

    Unknown Author
    •
    12/17/25
    •
    158
    Technical Analysis
    Also mentions:
    AVGO
    AAPL
    MSFT
    GOOGL
    ORCL

    News

    AAPL Valuation and Fair Value

    P/E
    38.2x
    Forward P/E
    35.2x
    EV/EBITDA
    29.1x
    P/FCF
    35.7x
    PEG
    2.7x
    P/B
    45.4x
    See GNG's fair value

    AAPL Profitability: Margins, ROIC and FCF

    Gross margin
    48.7%
    Operating margin
    32.6%
    Net margin
    27.6%
    ROIC
    67.2%
    ROE
    148.8%
    FCF margin
    29.3%
    FCF yield
    2.8%

    AAPL Competitors

    CompanyTicker
    NVIDIA CorporationNVDA
    Microsoft CorporationMSFT
    Taiwan Semiconductor ManufacturingTSM
    Broadcom IncAVGO
    SK Hynix Inc. American Depositary SharesSKHY
    Micron Technology IncMU
    Advanced Micro Devices IncAMD
    ASML Holding N.V. New York Registry SharesASML

    Sector: Technology

    AAPL Analyst Ratings

    Consensus
    Hold
    Analysts
    44
    Strong Buy
    6
    Buy
    19
    Hold
    13
    Sell
    3
    Strong Sell
    3

    AAPL Bull Case vs Bear Case

    Bull case

    • AAPL earns a 67.2% return on invested capital.
    • AAPL converts 29.3% of revenue into free cash flow.
    • AAPL has a 27.6% net profit margin.

    AAPL Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    4.8%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $2.32

    AAPL Dividend

    Yield
    0.3%
    Payout ratio
    12.0%
    3Y DPS growth
    4.2%
    5Y DPS growth
    5.0%
    Pay months
    Feb, May, Aug, Nov
    View dividend history

    Frequently Asked Questions About AAPL

    What is AAPL's current dividend yield?
    Apple Inc. (AAPL) has a current dividend yield of 0.32%.
    Does AAPL pay dividends?
    Yes, Apple Inc. pays dividends with a current yield of 0.32%.
    What is AAPL's P/E ratio?
    Apple Inc. has a price-to-earnings (P/E) ratio of 38.18.
    What is AAPL's market cap?
    Apple Inc. (AAPL) has a market capitalization of $4.87T with a current stock price of $332.89.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.