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Apple is 19% Cheaper

AAPLE INC (AAPL)

Apple Inc designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. There’s a good chance you’re reading this from your Apple device right now.
Chart


Source: FINANCE.YAHOO.COM
Financial Snapshot
Income Statement (*values displayed in millions)
2024 | 2023 | 2022 | |
---|---|---|---|
Total Revenue | 391,035 | 383,285 | 394,328 |
Gross Profit | 180,683 | 169,148 | 170,782 |
Operating Income | 123,216 | 114,301 | 119,437 |
Net Income | 93,736 | 96,995 | 99,803 |
Source: CNBC.COM
How do they make money?
Product Sales: Apple sells consumer products such as iPhones, Mac Computers, iPads, Wearables, Home, and Accessories (Apple Watch, AirPods, and HomePods)
Services: Apple generates revenue from a few services such as the App Store (earning money by taking a percentage of sales from apps, games, and in-app purchases), Subscription Services (Apple Music, Apple TV+, Apple News+, iCloud storage, and Apple Arcade), AppleCare (a service that offers extended warranties and support for Apple products.)
Software: Apple generates revenue from its software ecosystem, which includes operating systems (iOS, macOS, etc.), as well as software applications such as Final Cut Pro, Logic Pro, and professional software suites.
Good Time to Buy?
At the time of writing, AAPL is down 19% since it’s December 2024 52 Week High of 260.1/share. There’s a lot of volatility in the market right now which presents a lot of great opportunities. Here’s your chance to own a dominant stock at a 19% discount.
FYI
Market Cap | 3.13T |
Shares Outstanding | 15.02B |
Dividend | 1 |
Earnings/share | 6.96 |
Next Earnings Release | 05/01/2025 |
Source: SCHWAB.COM
If You Invested In AAPL…
Initial Amount Invested | 5 Years Ago | 10 Years Ago | 15 Years Ago |
---|---|---|---|
$10,000 | $29,900 (Today’s Value) | $64,600 (Today’s Value) | $223,500 (Today’s Value) |
$50,000 | $149,500 (Today’s Value) | $323,000 (Today’s Value) | $1,117,500 (Today’s Value) |
$100,000 | $299,000 (Today’s Value) | $646,000 (Today’s Value) | $2,235,000 (Today’s Value) |
*April 27, 2020: AAPL 69.55 share price
*April 27, 2015: AAPL 32.24 share price
*April 27, 2010: AAPL 9.32 share price
Source: SCHWAB.COM