Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Five companies in the U.S. information technology industry, along with Amazon, Google, Microsoft, and Facebook. Its hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, the AirPods wireless earbuds, the AirPods Max headphones, and the HomePod smart speaker line. Apple's software includes iOS, iPadOS, macOS, watchOS, and tvOS operating systems, the iTunes media player, the Safari web browser, the Shazam music identifier, and the iLife and iWork creativity and productivity suites, as well as professional applications like Final Cut Pro X, Logic Pro, and Xcode. Its online services include the iTunes Store, the iOS App Store, Mac App Store, Apple Arcade, Apple Music, Apple TV+, iMessage, and iCloud. Other services include Apple Store, Genius Bar, AppleCare, Apple Pay, Apple Pay Cash, and Apple Card. Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell Wozniak's Apple I personal computer, though Wayne sold his share back within 12 days. It was incorporated as Apple Computer, Inc., in January 1977, and sales of its computers, including the Apple I and Apple II, grew quickly.

Company profile
Ticker
AAPL
Exchange
Website
CEO
Timothy Cook
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Dell • Super Micro Computer • Omnicell • Zepp Health • One Stop Systems • Socket Mobile • First Capital International • Sector 5 • Helo ...
Former names
APPLE COMPUTER INC, APPLE COMPUTER INC/ FA, APPLE INC
SEC CIK
Corporate docs
Subsidiaries
Apple Asia Limited • Apple Asia LLC • Apple Canada Inc. • Apple Computer Trading (Shanghai) Co., Ltd. • Apple Distribution International Limited • Apple India Private Limited • Apple Insurance Company, Inc. • Apple Japan, Inc. • Apple Korea Limited • Apple Operations Europe Limited ...
IRS number
942404110
AAPL stock data
Analyst ratings and price targets
Current price
Average target
$168.46
Low target
$140.00
High target
$195.00
DA Davidson
Maintains
$173.00
Rosenblatt
Maintains
$173.00
Wedbush
Maintains
$180.00
Cowen & Co.
Maintains
$195.00
JP Morgan
Maintains
$175.00
Raymond James
Maintains
$170.00
Barclays
Maintains
$145.00
Deutsche Bank
Maintains
$160.00
Canaccord Genuity
Maintains
$170.00
Exane BNP Paribas
Downgraded
$140.00
UBS
Maintains
$180.00
Morgan Stanley
Maintains
$175.00
B of A Securities
Maintains
$154.00
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
3 Feb 23
10-Q
2023 Q1
Quarterly report
2 Feb 23
8-K
Apple reports first quarter results
2 Feb 23
PX14A6G
Letter to shareholders
30 Jan 23
PX14A6G
Letter to shareholders
20 Jan 23
DEFA14A
Additional proxy soliciting materials
12 Jan 23
DEF 14A
Definitive proxy
12 Jan 23
25-NSE
Exchange delisting
9 Nov 22
8-K
Update on Supply of iPhone 14 Pro and iPhone 14 Pro Max
7 Nov 22
10-K
2022 FY
Annual report
27 Oct 22
Transcripts
AAPL
Earnings call transcript
2023 Q1
2 Feb 23
AAPL
Earnings call transcript
2022 Q4
27 Oct 22
AAPL
Earnings call transcript
2022 Q3
29 Jul 22
AAPL
Earnings call transcript
2022 Q2
28 Apr 22
AAPL
Earnings call transcript
2022 Q1
28 Jan 22
AAPL
Earnings call transcript
2021 Q4
29 Oct 21
AAPL
Earnings call transcript
2021 Q3
28 Jul 21
AAPL
Earnings call transcript
2021 Q2
29 Apr 21
AAPL
Earnings call transcript
2021 Q1
28 Jan 21
AAPL
Earnings call transcript
2020 Q4
29 Oct 20
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 22 | Sep 21 | Sep 20 | Sep 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 21.97 bn | 21.97 bn | 21.97 bn | 21.97 bn | 21.97 bn | 21.97 bn |
Cash burn (monthly) | 1.00 bn | 1.39 bn | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.18 bn | 1.63 bn | n/a | n/a | n/a | n/a |
Cash remaining | 20.80 bn | 20.34 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 20.8 | 14.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
54.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 4206 |
Opened positions | 136 |
Closed positions | 142 |
Increased positions | 1623 |
Reduced positions | 2124 |
13F shares | Current |
---|---|
Total value | 1.19 tn |
Total shares | 8.56 bn |
Total puts | 175.74 mm |
Total calls | 147.77 mm |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 1.27 bn | $175.84 bn |
BLK Blackrock | 1.02 bn | $141.00 bn |
BRK.A Berkshire Hathaway | 894.80 mm | $123.66 bn |
FMR | 350.90 mm | $48.49 bn |
Geode Capital Management | 279.76 mm | $38.62 bn |
T. Rowe Price | 224.86 mm | $31.22 bn |
MS Morgan Stanley | 182.73 mm | $25.25 bn |
NTRS Northern Trust | 176.08 mm | $24.33 bn |
BAC Bank Of America | 142.26 mm | $19.66 bn |
BK Bank Of New York Mellon | 136.30 mm | $18.84 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Feb 23 | James A Bell | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,685 | 0.00 | 36,675 |
1 Feb 23 | James A Bell | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,685 | 0.00 | 0 |
1 Feb 23 | Albert Gore JR | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,685 | 0.00 | 467,143 |
1 Feb 23 | Albert Gore JR | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,685 | 0.00 | 0 |
1 Feb 23 | Andrea Jung | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,685 | 0.00 | 49,937 |
1 Feb 23 | Andrea Jung | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,685 | 0.00 | 0 |
1 Feb 23 | Gorsky Alex | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,685 | 0.00 | 2,171 |
1 Feb 23 | Gorsky Alex | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,685 | 0.00 | 0 |
1 Feb 23 | Monica C Lozano | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,685 | 0.00 | 5,239 |
1 Feb 23 | Monica C Lozano | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,685 | 0.00 | 0 |
News
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4 Feb 23
Apple CEO Tim Cook Says Layoffs Are Last Resort, But 'You Can Never Say Never'
4 Feb 23
The NFL Is Betting On The Metaverse Ahead Of The Super Bowl, Again: Here's The Company Helping The League 'Tap In'
3 Feb 23
Apple Earnings 'Not A Slam Dunk': 4 Analyst Takes On Tech Giant's Mixed Report
3 Feb 23
Press releases
Thinking about trading options or stock in Apple, Walt Disney, Microsoft, Exxon Mobil, or Advanced Micro Devices?
3 Feb 23
Apple reports first quarter results
2 Feb 23
Thinking about trading options or stock in Meta, Baidu, Apple, Stryker, or NVIDIA?
1 Feb 23
Thinking about trading options or stock in Spotify, Amazon, Advanced Micro Devices, Marathon Petroleum, or Apple?
31 Jan 23
Apple Music launches Rihanna's Road to Halftime ahead of Super Bowl LVII
30 Jan 23