What was the earnings beat for Apple (AAPL)?
Apple Inc. (NASDAQ:AAPL) released its quarterly earnings results on Thursday, January, 27th. The iPhone maker reported $2. 10 earnings per share for the quarter, beating the consensus estimate of $1. 89 by $0. 21. The iPhone maker had revenue of $123. 95 billion for the quarter, compared to analyst estimates of $118. 53 billion.
What are Wall Street analysts'target prices for Apple's stock?
31 Wall Street analysts have issued 12-month target prices for Apple's stock. Their forecasts range from $155.00 to $210.00. On average, they anticipate Apple's stock price to reach $190.28 in the next twelve months.
What did Apple’s Q3 earnings beat Wall Street expectations?
Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit but showed slowing growth for the iPhone maker. Apple did not provide formal guidance for the quarter.
What is Apple's stock symbol?
What is Apple's stock symbol? Apple trades on the NASDAQ under the ticker symbol "AAPL." Who are Apple's major shareholders? Apple's stock is owned by a number of retail and institutional investors.
What affects Apple stock price?
Investors expect Apple to beat estimates, so a beat alone will not drive the stock price higher. The beat has to be higher than the so-called whisper number—the number of market participants expect Apple to post (usually higher than the estimate).
Why is Apple stock going down?
However, on an earnings call last month, Apple said supply constraints caused by COVID-related disruptions and industrywide silicon shortages were impacting the company's ability to meet customer demand, resulting in lengthy shipping estimates for devices like the MacBook Pro.
Who holds the most Apple stock?
According to Investopedia, as of February 2021, Apple's biggest institutional shareholder was the Vanguard Group, which owned more than 1.3 billion shares, 7.83% of shares outstanding at that time. BlackRock owned 1.11 billion shares, 6.60% of shares outstanding.
Did Apple beat earnings today?
Apple raked in $40.665 billion in iPhone sales alone, beating Refinitiv's estimate of $38.33. The company also beat iPad sales of $7.22 billion, where analysts expected $6.94 billion.
Is Apple a good investment for 2022?
Despite the reliability of its core product categories iPhone, iPad, and Mac, Apple's services segment serves as its catalyst for future growth. For the full fiscal year 2022, analysts are forecasting revenue to climb 8% from FY 2021 levels, to $394.2 billion and earnings per share to increase 10% to $6.15.
Is AAPL a good buy right now?
Apple stock is not a buy right now.
Who was Apple founded by?
Steve JobsSteve WozniakRonald WayneApple/Founders
What does EPS mean in stocks?
Earnings per shareKey Takeaways. Earnings per share (EPS) is a company's net profit divided by the number of common shares it has outstanding. 1. EPS indicates how much money a company makes for each share of its stock and is a widely used metric for estimating corporate value.
What kind of company is Apple?
Apple Inc., formerly Apple Computer, Inc., American manufacturer of personal computers, smartphones, tablet computers, computer peripherals, and computer software.
What is the forecast for Apple stock?
Stock Price Forecast The 39 analysts offering 12-month price forecasts for Apple Inc have a median target of 185.00, with a high estimate of 219.94 and a low estimate of 130.00. The median estimate represents a +15.14% increase from the last price of 160.67.
Is Apple a good dividend?
Apple has delivered robust dividend growth From 2012 to 2021, the company has increased its dividend per share from $0.10 to $0.85. That means shareholders saw their dividends grow more than eightfold in that time.
Where does Apple get most of its revenue?
iPhone is Apple's most valuable product and has, since 2008, been its main source of revenue. Even though Apple has diversified its product line with Watch, AirPods and services, iPhone is still responsible for 50 percent of Apple's revenue. In the past two years, Apple has launched four models of iPhone.
Is Apple getting less popular?
Additionally, as the green line shows, Apple's iPhone currently reported unit sales are actually lower than every year since 2013.
What is the forecast for Apple stock?
Stock Price Forecast The 39 analysts offering 12-month price forecasts for Apple Inc have a median target of 185.00, with a high estimate of 219.94 and a low estimate of 130.00. The median estimate represents a +15.14% increase from the last price of 160.67.
Is Apple losing market share?
"A look at the data shows that iOS gained 6% between July 2018 and January 2022." "From 19.4% then, Apple has grown its OS market share to 25.49%," she continued. "Other small scale OS developers account for the remaining 1.58% that Google shed." So iOS has increased its share by 6.09% as Android has shrunk.
Has Apple hit its peak?
A high flier through much of its recent history, Apple stock hit new all-time highs toward the end of 2021, with a market capitalization approaching a record $3 trillion.
Should I buy or sell Apple stock right now?
32 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Apple in the last twelve months. There are currently 8...
What is Apple's stock price forecast for 2022?
32 Wall Street analysts have issued 1 year price objectives for Apple's shares. Their forecasts range from $155.00 to $210.00. On average, they exp...
How has Apple's stock performed in 2022?
Apple's stock was trading at $177.57 at the start of the year. Since then, AAPL shares have decreased by 22.8% and is now trading at $137.13. View...
When is Apple's next earnings date?
Apple is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022. View our earnings forecast for Apple .
How were Apple's earnings last quarter?
Apple Inc. (NASDAQ:AAPL) issued its quarterly earnings data on Thursday, April, 28th. The iPhone maker reported $1.52 EPS for the quarter, beating...
How often does Apple pay dividends? What is the dividend yield for Apple?
Apple declared a quarterly dividend on Thursday, April 28th. Stockholders of record on Monday, May 9th will be given a dividend of $0.23 per share...
Is Apple a good dividend stock?
Apple(NASDAQ:AAPL) pays an annual dividend of $0.92 per share and currently has a dividend yield of 0.67%. Apple has been increasing its dividend f...
When did Apple's stock split? How did Apple's stock split work?
Shares of Apple split before market open on Monday, August 31st 2020. The 4-1 split was announced on Thursday, July 30th 2020. The newly created sh...
How will Apple's stock buyback program work?
Apple declared that its Board of Directors has initiated a stock buyback program on Thursday, April 28th 2022, which permits the company to buyback...
What is the stock price of Apple in 2020?
What is the ticker symbol for Apple?
Apple's stock was trading at $68.8575 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AAPL stock has increased by 115.7% and is now trading at $148.56. View which stocks have been most impacted by COVID-19.
What is MarketBeat community ratings?
Apple trades on the NASDAQ under the ticker symbol "AAPL."
What is the peg ratio of Apple?
MarketBeat's community ratings are surveys of what our community members think about Apple and other stocks. Vote “Outperform” if you believe AAPL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AAPL will underperform the S&P 500 over the long term. You may vote once every thirty days.
Where is Apple located?
Apple has a PEG Ratio of 2.05. PEG Ratios above 1 indicate that a company could be overvalued.
When did Apple split?
Apple is headquartered at ONE APPLE PARK WAY, CUPERTINO CA, 95014.
Is Apple benefiting from the services segment?
Shares of Apple split on Monday, August 31st 2020. The 4-1 split was announced on Thursday, July 30th 2020. The newly minted shares were distributed to shareholders after the market closes on Friday, August 28th 2020. An investor that had 100 shares of Apple stock prior to the split would have 400 shares after the split.
What is the P/E ratio of Apple Hospitality?
According to Zacks Investment Research, "Apple is benefiting from continued momentum in the Services segment, driven by a robust performance of App Store, Apple Music, video and cloud services. Moreover, demand remains healthy for other Apple devices including iPad, Mac and Wearables.
When is Apple Hospitality Reit earnings call?
The P/E ratio of Apple Hospitality REIT is -68.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
What other stocks do shareholders of Apple Hospitality REIT own?
Apple Hospitality REIT will be holding an earnings conference call on Friday, August 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13720361".
What is Apple Hospitality REIT's stock symbol?
Based on aggregate information from My MarketBeat watchlists, some companies that other Apple Hospitality REIT investors own include AT&T (T), Realty Income (O), Altria Group (MO), Johnson & Johnson (JNJ), Bank of America (BAC), Coca-Cola (KO), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV) and Main Street Capital (MAIN).
How much money does Apple Hospitality REIT make?
Apple Hospitality REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "APLE."
What is MarketBeat community ratings?
Apple Hospitality REIT has a market capitalization of $3.84 billion and generates $601.88 million in revenue each year. The real estate investment trust earns $-173.21 million in net income (profit) each year or ($0.21) on an earnings per share basis.
What is Apple Hospitality REIT?
MarketBeat's community ratings are surveys of what our community members think about Apple Hospitality REIT and other stocks. Vote “Outperform” if you believe APLE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe APLE will underperform the S&P 500 over the long term. You may vote once every thirty days.
