Apple Inc

Apple Inc

AAPL

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Market Cap$4.38T
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Apple IncApple Inc35.90.35%115%9.90.1

Earnings Call Q2 2026

April 30, 2026 - AI Summary

Strong Financial Performance: Apple Inc. reported Q2 FY 2026 revenue of $111.2 billion, a 17% year-over-year increase, driven by record iPhone revenues of $57 billion (up 22% YOY) and an all-time high in services revenue at $31 billion (up 16% YOY). Both net income and diluted earnings per share (EPS) set March records at $29.6 billion and $2.10, respectively, reflecting strong operating cash flow of $28.7 billion.
Challenges with Supply Constraints: The company faced supply constraints primarily in the iPhone and Mac product lines due to high demand outpacing supply. These constraints are expected to continue into June, notably affecting the Mac mini and Mac Studio. This limitation may impact future revenue growth and product availability, necessitating careful inventory and production management.
Investment in AI and New Products: The launch of the new MacBook Neo has seen higher-than-expected demand, which is positioning Apple to penetrate new customer segments, particularly in education and emerging markets. The company is emphasizing the Mac's capabilities for AI, which could drive future growth, as reflected by strong customer satisfaction ratings and increasing installations.

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$328.19

Target Price by Analysts

10.1% upsideApple Target Price DetailsTarget Price
$146.44

Current Fair Value

50.9% downside

Overvalued by 50.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$4.38 Trillion
Enterprise Value$4.34 Trillion
Dividend Yield$1.05 (0.35%)
Earnings per Share$7.49
Beta1.09
Outstanding Shares14,710,718,000

Return

Return on Equity115.10%ROE
Return on Assets33.03%
Return on Invested Capital62.18%

Valuation & Multiples

P/E Ratio35.95P/E Ratio
PEG1296.48PEG
Price to Sales9.93Price to Sales
Price to Book Ratio42.57Price to Book Ratio
Enterprise Value to Revenue9.62
Enterprise Value to EBIT29.54
Enterprise Value to Net Income35
Total Debt to Enterprise0
Debt to Equity0.11Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 7, 2026
EPS Estimate
$1.94
Average shareholder expectation
Revenue Estimate
$108.95 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 30, 2026
EPS Estimate
$1.88
Average shareholder expectation
Revenue Estimate
$108.86 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.8082 3.29%
Total Calls165,832,784 10.30%
Total Puts134,024,688 13.80%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %63.46% 0.95%
Total Invested$2376.89B 7.89%
Investors Holding6,334 10.00%

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...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the technical expertise and official 'revenue estimates' for all tax legislation, directly influencing corporate tax structures, capital investment credits, and the overall tax burden on Apple. Its analyses are crucial for shaping tax policy that impacts Apple's bottom line.

Finance

This powerful committee controls taxation, trade, and tariffs. Changes in corporate tax rates, international tax policies (affecting repatriated earnings), and trade tariffs (e.g., on components or products imported from China) have a direct and significant impact on Apple's global profitability and supply chain.

Judiciary

This committee oversees antitrust laws and intellectual property, which are critical for Apple. It directly influences antitrust scrutiny of Apple's App Store policies and ecosystem, as well as the protection and enforcement of its vast intellectual property portfolio.

Banking, Housing, and Urban Affairs

This committee regulates the financial system, including the Fed and SEC. Apple's financial services, such as Apple Pay, Apple Card, and Apple Cash, fall directly under its purview. Regulations related to payment systems, consumer finance, and potential cryptocurrency ventures would be highly impactful.

Commerce, Science, and Transportation

This committee has vast jurisdiction over 'Big Tech' through privacy and data security laws, telecommunications (affecting iPhone, Apple Watch connectivity), internet services (App Store, iCloud), and consumer protection (FTC oversight). These areas directly regulate Apple's core products and services.

Foreign Relations

Apple has a global supply chain, significant international sales, and manufacturing operations. Foreign policy decisions, trade relations, and sanctions (e.g., U.S.-China relations) heavily influence Apple's operations, market access, and profitability.