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