Apple Inc
AAPL
Market Cap$3.67T
Close$
Earnings Call Q4 2024
October 31, 2024 - AI Summary
**Strong Revenue Growth**: Apple reported Q4 fiscal year 2024 revenue of $94.9 billion, a 6% increase year-over-year (YOY) and setting a new September quarter record. iPhone revenue reached $46.2 billion (up 6% YOY), and Services achieved an all-time revenue record of $25 billion (up 12% YOY), highlighting robust demand across product lines.
**Apple Intelligence Rollout**: The newly launched Apple Intelligence features, introduced earlier this week, signal a significant opportunity for future growth. Initial adoption rates for iOS 18.1 are twice that of previous versions. The company plans to expand features and language support steadily over the coming months, positioning itself competitively in AI and enhancing user experience.
**Mixed Performance Expectations**: Apple anticipates total company revenue growth in the low- to mid-single digits for the December quarter. There is a cautious sentiment about potential product revenue declines, though detailed granularity on performance by segment (iPhone, Mac, iPad) is not provided, indicating potential risks in anticipated sales.
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$155.30
36% downside
Current Fair Value
36% downsideOvervalued by 36% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $3.67 Trillion |
|---|---|
| Enterprise Value | $3.74 Trillion |
| Dividend Yield | $0.99 (0.407675835941361%) |
| Earnings per Share | $6.11 |
| Beta | 1.24 |
| Outstanding Shares | 15,171,990,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 39.31 |
|---|---|
| PEG | -109.77 |
| Price to Sales | 9.71 |
| Price to Book Ratio | 80.95 |
| Enterprise Value to Revenue | 9.58 |
| Enterprise Value to EBIT | 30.39 |
| Enterprise Value to Net Income | 39 |
| Total Debt to Enterprise | 0.03 |
| Debt to Equity | 1.83 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Apple Inc
147,000 employees
CEO: Timothy Cook Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Five compa...