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 • Fitbit • 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 Insurance Company, Inc. • Apple Japan, Inc. • Apple Korea Limited • Apple Operations Europe Limited • Apple Operations International Limited ...
IRS number
942404110
AAPL stock data
News

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11 Aug 22
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Press releases
Have We Seen The Beginning Of The End Of Data Privacy In The European Union?
11 Aug 22
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Analyst ratings and price targets
Current price
Average target
$179.60
Low target
$160.00
High target
$200.00
Keybanc
Maintains
$177.00
Rosenblatt
Maintains
$160.00
Raymond James
Maintains
$185.00
Barclays
Maintains
$169.00
Citigroup
Maintains
$185.00
Wells Fargo
Maintains
$185.00
Morgan Stanley
Maintains
$180.00
Evercore ISI Group
Maintains
$180.00
Deutsche Bank
Maintains
$175.00
B of A Securities
Maintains
$200.00
Calendar
28 Jul 22
12 Aug 22
24 Sep 22
Financial summary
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Diluted EPS |
Annual (USD) | Sep 21 | Sep 20 | Sep 19 | Sep 18 | |
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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) | 28.86B | 28.86B | 28.86B | 28.86B | 28.86B | 28.86B |
Cash burn (monthly) | 106.33M | 534.58M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 169.87M | 854.02M | n/a | n/a | n/a | n/a |
Cash remaining | 28.69B | 28.01B | n/a | n/a | n/a | n/a |
Runway (months of cash) | 269.8 | 52.4 | n/a | n/a | n/a | n/a |
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Community content
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Aug 22 | O'brien Deirdre | Common Stock | Sell | Dispose S | No | Yes | 164.86 | 15,366 | 2.53M | 136,290 |
5 Aug 22 | O'brien Deirdre | Common Stock | Payment of exercise | Dispose F | No | No | 165.35 | 16,530 | 2.73M | 151,656 |
5 Aug 22 | O'brien Deirdre | Common Stock | Option exercise | Acquire M | No | No | 0 | 31,896 | 0 | 168,186 |
5 Aug 22 | O'brien Deirdre | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 31,896 | 0 | 31,896 |
3 Aug 22 | Katherine L. Adams | Common Stock | Sell | Dispose S | No | Yes | 166.28 | 5,700 | 947.8K | 427,334 |
3 Aug 22 | Katherine L. Adams | Common Stock | Sell | Dispose S | No | Yes | 165.91 | 5,568 | 923.79K | 433,034 |
3 Aug 22 | Katherine L. Adams | Common Stock | Sell | Dispose S | No | Yes | 164.69 | 5,031 | 828.56K | 438,602 |
3 Aug 22 | Katherine L. Adams | Common Stock | Sell | Dispose S | No | Yes | 163.69 | 5,073 | 830.4K | 443,633 |
3 Aug 22 | Katherine L. Adams | Common Stock | Sell | Dispose S | No | Yes | 162.43 | 2,928 | 475.6K | 448,706 |
3 Aug 22 | Katherine L. Adams | Common Stock | Sell | Dispose S | No | Yes | 161.46 | 700 | 113.02K | 451,634 |
Institutional ownership, Q1 2022
57.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 4221 |
Opened positions | 143 |
Closed positions | 171 |
Increased positions | 1604 |
Reduced positions | 2197 |
13F shares | Current |
---|---|
Total value | 1.63T |
Total shares | 9.3B |
Total puts | 193.79M |
Total calls | 159.31M |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 1.27B | $221.75B |
BLK Blackrock | 1.03B | $179.43B |
BRK.A Berkshire Hathaway | 890.92M | $155.56B |
STT State Street | 613.85M | $107.18B |
FMR | 351.58M | $61.39B |
Geode Capital Management | 272.08M | $47.39B |
TROW T. Rowe Price | 233.08M | $40.7B |
NTRS Northern Trust | 186.03M | $32.48B |
BAC Bank Of America | 144.4M | $25.21B |
BK Bank Of New York Mellon | 141.39M | $24.69B |
Financial report summary
?Competition
HP • SPRINT • Digital Turbine • Verizon Communications • Autodesk • Microsoft • Staples • Fossil • Avid Technology • PlantronicsRisks
- The Company’s business, results of operations and financial condition, as well as the price of the Company’s stock, have been adversely affected and could in the future be materially adversely affected by the COVID-19 pandemic.
- The Company’s operations and performance depend significantly on global and regional economic conditions and adverse economic conditions can materially adversely affect the Company’s business, results of operations and financial condition.
- The Company’s business can be impacted by political events, trade and other international disputes, war, terrorism, natural disasters, public health issues, industrial accidents and other business interruptions.
- Global markets for the Company’s products and services are highly competitive and subject to rapid technological change, and the Company may be unable to compete effectively in these markets.
- To remain competitive and stimulate customer demand, the Company must successfully manage frequent introductions and transitions of products and services.
- The Company depends on component and product manufacturing and logistical services provided by outsourcing partners, many of which are located outside of the U.S.
- Future operating results depend upon the Company’s ability to obtain components in sufficient quantities on commercially reasonable terms.
- The Company’s products and services may be affected from time to time by design and manufacturing defects that could materially adversely affect the Company’s business and result in harm to the Company’s reputation.
- The Company is exposed to the risk of write-downs on the value of its inventory and other assets, in addition to purchase commitment cancellation risk.
- The Company relies on access to third-party intellectual property, which may not be available to the Company on commercially reasonable terms or at all.
- The Company’s future performance depends in part on support from third-party software developers.
- Failure to obtain or create digital content that appeals to the Company’s customers, or to make such content available on commercially reasonable terms, could have a material adverse impact on the Company’s business, results of operations and financial condition.
- The Company’s success depends largely on the continued service and availability of highly skilled employees, including key personnel.
- The Company depends on the performance of carriers, wholesalers, retailers and other resellers.
- The Company’s business and reputation are impacted by information technology system failures and network disruptions.
- Losses or unauthorized access to or releases of confidential information, including personal information, could subject the Company to significant reputational, financial, legal and operational consequences.
- Investment in new business strategies and acquisitions could disrupt the Company’s ongoing business, present risks not originally contemplated and adversely affect the Company’s business, reputation, results of operations and financial condition.
- The Company’s retail stores have required and will continue to require a substantial investment and commitment of resources and are subject to numerous risks and uncertainties.
- The Company’s business, results of operations and financial condition could be adversely impacted by unfavorable results of legal proceedings or government investigations.
- The Company is subject to complex and changing laws and regulations worldwide, which exposes the Company to potential liabilities, increased costs and other adverse effects on the Company’s business.
- The Company’s business is subject to a variety of U.S. and international laws, rules, policies and other obligations regarding data protection.
- The Company expects its quarterly net sales and results of operations to fluctuate.
- The Company’s financial performance is subject to risks associated with changes in the value of the U.S. dollar relative to local currencies.
- The Company is exposed to credit risk and fluctuations in the values of its investment portfolio.
- The Company is exposed to credit risk on its trade accounts receivable, vendor non-trade receivables and prepayments related to long-term supply agreements, and this risk is heightened during periods when economic conditions worsen.
- The Company is subject to changes in tax rates, the adoption of new U.S. or international tax legislation and exposure to additional tax liabilities.
- The price of the Company’s stock is subject to volatility.
Management Discussion
- Total net sales increased 33% or $91.3 billion during 2021 compared to 2020, driven by growth in all Products and Services categories. Year-over-year net sales during 2021 also grew in each of the Company’s reportable segments.
- In April 2021, the Company announced an increase to its current share repurchase program authorization from $225 billion to $315 billion and raised its quarterly dividend from $0.205 to $0.22 per share beginning in May 2021. During 2021, the Company repurchased $85.5 billion of its common stock and paid dividends and dividend equivalents of $14.5 billion.
- Apple Inc. | 2021 Form 10-K | 20
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
intangible, Ventura
Removed:
average, capacity, Chinese, consumer, continuing, December, depend, duration, economy, extent, health, imposition, iPod, Japanese, local, movement, operational, protective, public, released, remaining, remotely, reopening, retail, retired, safely, temporarily, touch, trajectory, variable, work, working
Financial reports
Current reports
8-K
Other Events
8 Aug 22
8-K
Apple Reports Third Quarter Results
28 Jul 22
8-K
Apple Reports Second Quarter Results
27 Apr 22
8-K
Departure of Directors or Certain Officers
4 Mar 22
8-K
Apple Reports First Quarter Results
27 Jan 22
8-K
Departure of Directors or Certain Officers
12 Nov 21
8-K
Apple Reports Fourth Quarter Results
28 Oct 21
8-K
Other Events
5 Aug 21
8-K
Apple Reports Third Quarter Results
27 Jul 21
8-K
Apple Reports Second Quarter Results
28 Apr 21
Registration and prospectus
424B2
Prospectus for primary offering
2 Aug 22
FWP
Free writing prospectus
1 Aug 22
424B2
Prospectus for primary offering
1 Aug 22
S-8
Registration of securities for employees
28 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Apr 22
S-3ASR
Automatic shelf registration
29 Oct 21
424B2
Prospectus for primary offering
30 Jul 21
FWP
Free writing prospectus
29 Jul 21
424B2
Prospectus for primary offering
29 Jul 21
Proxies
PX14A6G
Letter to shareholders
9 Feb 22
PX14A6G
Letter to shareholders
1 Feb 22
PX14A6G
Letter to shareholders
31 Jan 22
PX14A6G
Letter to shareholders
28 Jan 22
DEFA14A
Additional proxy soliciting materials
6 Jan 22
PX14A6G
Letter to shareholders
18 Feb 21
DEFA14A
Additional proxy soliciting materials
5 Jan 21
DEF 14A
Definitive proxy
5 Jan 21
PX14A6G
Letter to shareholders
27 Jan 20
Other
SD
Conflict minerals disclosure
9 Feb 22
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
28 Oct 21
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
27 Jul 21
SD
Conflict minerals disclosure
10 Feb 21
SD
Conflict minerals disclosure
6 Feb 20
CERT
Certification of approval for exchange listing
15 Nov 19
CERT
Certification of approval for exchange listing
14 Mar 19
SD
Conflict minerals disclosure
15 Feb 19
SD
Conflict minerals disclosure
6 Mar 18
CERTNYS
Certification of approval for NYSE listing
24 May 17
Ownership
4
Apple / DEIRDRE O'BRIEN ownership change
8 Aug 22
4
Apple / Katherine L. Adams ownership change
5 Aug 22
4
Apple / JAMES A BELL ownership change
13 May 22
4
Apple / Katherine L. Adams ownership change
6 May 22
4
Apple / DEIRDRE O'BRIEN ownership change
19 Apr 22
4
Apple / CHRIS KONDO ownership change
19 Apr 22
4
Apple / JEFFREY E WILLIAMS ownership change
5 Apr 22
4
Apple / DEIRDRE O'BRIEN ownership change
5 Apr 22
4
Apple / Luca Maestri ownership change
5 Apr 22
4
Apple / Katherine L. Adams ownership change
5 Apr 22
Patents
Utility
Magnetic Field Sensor In a Portable Electronic Device
11 Aug 22
A portable computing device that includes a base portion that carries an audio module and a display housing that carries a display is disclosed.
Utility
Non-solid Object Monitoring
11 Aug 22
An autonomous navigation system may navigate through an environment in which one or more non-solid objects, including gaseous and/or liquid objects, are located.
Utility
Electronic Devices with Motion Sensing and Angle of Arrival Detection Circuitry
11 Aug 22
An electronic device may use information about the location of nearby devices to make sharing with those devices more intuitive for a user.
Utility
Silicon Anodes with Functional Coatings
11 Aug 22
Battery cells according to embodiments of the present technology may include a cathode.
Utility
Electronic Devices With Flexible Displays Having Fastened Bent Edges
11 Aug 22
An electronic device may be provided with a display having a flexible substrate with fastened bent edges.
Transcripts
2022 Q3
Earnings call transcript
29 Jul 22
2022 Q2
Earnings call transcript
28 Apr 22
2022 Q1
Earnings call transcript
28 Jan 22
2021 Q4
Earnings call transcript
29 Oct 21
2021 Q3
Earnings call transcript
28 Jul 21
2021 Q2
Earnings call transcript
29 Apr 21
2021 Q1
Earnings call transcript
28 Jan 21
2020 Q4
Earnings call transcript
29 Oct 20
2020 Q3
Earnings call transcript
30 Jul 20
2020 Q2
Earnings call transcript
30 Apr 20
Reddit threads
Daily Discussion Thread for August 12, 2022
12 Aug 22
Daily Discussion - Friday August 12 2022
12 Aug 22
Wow You guys I’m gonna be rich
11 Aug 22
BBBY is relentless right now! Shorts pushing 60% of reported volumes and the market is insatiably buying up shares… you know what’s coming… 🚀🚀🚀
11 Aug 22
Is Apple stock good for a dividend portfolio? Warren Buffett would have answered 'Yes'!!!
11 Aug 22
Opinion: would you focus on growth or yield?
11 Aug 22
Can the market really annualize 10%?
11 Aug 22
What Are Your Moves Tomorrow - August 12, 2022
11 Aug 22
How can the returns be so high when investing in property?
11 Aug 22
Happy $aapl divvy day
11 Aug 22