Apple Inc

AAPL

Equity

ISIN US0378331005 / Valor 908440

NASDAQ (2024-11-20)

USD 229.00+0.32%

Apple Inc
UMushroom community rating:

4.60 36 votes No rating yet

NegativeNeutralPositive

About company

Apple Inc. is a global technology company headquartered in Cupertino, California, known for its innovation in consumer electronics, software, and services. Its product lineup includes the iPhone, iPad, Mac, Apple Watch, and Apple TV, alongside software platforms like iOS, macOS, watchOS, and tvOS. Apple also offers a range of services, including Apple Music, Apple TV+, Apple Arcade, and the Apple Card, a credit service facilitated in partnership with Goldman Sachs. The company emphasizes its trade-in program, which encourages customers to recycle their old devices in exchange for credit towards new purchases. Apple's business model integrates hardware sales with digital content and services, aiming to provide a seamless ecosystem for its users. Additionally, Apple hosts annual events such as the Worldwide Developers Conference (WWDC) to showcase new software and technology advancements.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Apple Inc. reported a new June quarter revenue record of $85.8 billion for its fiscal 2024 third quarter, which ended on June 29, 2024. This represents a 5 percent increase year over year, showcasing the company's continued growth and market strength.

Earnings Per Share

For the fiscal 2024 third quarter, Apple Inc. achieved quarterly earnings per diluted share of $1.40. This marks an 11 percent increase compared to the same period last year, reflecting the company's strong financial performance and profitability.

Operating Cash Flow

During the fiscal 2024 third quarter, Apple Inc. generated nearly $29 billion in operating cash flow. This robust cash flow enabled the company to return over $32 billion to its shareholders, demonstrating its commitment to delivering value to investors.

Dividend Declaration

Apple Inc.'s board of directors declared a cash dividend of $0.25 per share of the company's common stock for the fiscal 2024 third quarter. The dividend is payable on August 15, 2024, to shareholders of record as of the close of business on August 12, 2024.

Services Revenue

Apple Inc. reported that its services revenue reached a new all-time high during the fiscal 2024 third quarter. This milestone underscores the growing importance and success of Apple's services segment in contributing to the company's overall financial performance.

Summarized from source with an LLMView Source

Key figures

19.6%1Y

42.6%3Y

248%5Y

Performance

22.6%1Y

27.6%3Y

31.7%5Y

Volatility