AAPL

AAPL

TMT


Presented:05/09/2024
Price:$184.32
Cap:$2,826.38B
Current Price:$233.85
Cap:$3,555.48B

Presented

Date05/09/2024
Price$184.32
Market Cap$2,826.38B
Ent Value$2,689.33B
P/E Ratio28.7x
Book Value$4.84
Div Yield0.52%
Shares O/S15,334.10M
Ave Daily Vol64,172,094
Short Int0.62%

Current

Price$233.85
Market Cap$3,555.48B
Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other varieties of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, AppleCare, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak in April 1976 and is headquartered in Cupertino, CA.

Publicly traded companies mentioned herein: Apple (AAPL) 

Highlights

The presenter is long shares of Apple Inc. (AAPL), based on the company’s innovative product ecosystem, robust brand reputation, and underappreciated AI growth prospects. Further disclosure around their AI strategy is now anticipated in the second half of the year. There is also a big smartphone refresh cycle beginning, which should help lift margins and earnings, leading to her FY26 EPS estimate of $8.50 per share, which results in $255 per share using 30x. 

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.